Esprit completes placement
Market absorbs fifth and largest placement in the space of one-and-a-half years.
November 10, 2004
For Esprit, its $154 million block trade marks the second time this year that Chairman Michael Ying has reduced his stake in the company. This time he has done it as the stock hits an all time high, with Credit Suisse First Boston leading a 50 million share deal for the group.
