Samsonite Ups IPO by $46M

Luggage maker Samsonite upped its Hong Kong initial public offering by $46 million to nearly $1.3 billion, after underwriters exercised an option to sell additional shares, Reuters reported. Private equity backer CVC Capital Partners sold an additional 15.63 million shares, reducing its stake in Samsonite to 28.7 percent from 29.8 percent, Reuters said. Samsonite and its backers, including firm CVC, raised $1.25 billion with the offering last month.

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