Jacobs Holding cuts stake in Barry Callebaut
date:Nov 13, 2019
Swiss investment company Jacobs Holding has agreed to offload a 2.85% stake in Barry Callebaut to Ontario Teachers Pension Plan.

As well as this private placement, the investment firm has also launched an accelerated book-building process for another 7.17% stake.

Jacobs Holding will continue to own a 40.08% stake in chocolate and cocoa products company Barry Callebaut after this deal is compleated.

The Swiss investment firm, which was founded by the late Klaus J Jacobs, has stated that it doe
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