Invertext Online Technical Dictionary

placement

noun  

colocación en bolsa

Definition 1

Sale of shares or other securities by a company to a select group of individuals or institutions.

Source: Invertext, from Oxford Dictionary of Finance and Banking


Context: The placement next month of 5.7m shares, 2.93m from the family-owned publisher of Bild and Die Welt’s treasury, and the rest in the ownership of Deutsche Bank, will raise about €520m ($695m) and give Axel Springer a 40 per cent free float.

Source: Financial Times 23/04/2010 (Ben Fenton in London)

Appears in the following subjects

Stock Markets, Banking