Dfs store

Private equity firm Advent International Corporation has announced that it has sold 25.7 million ordinary DFS shares for £61.7m.

The sale, which saw a price of £2.40 per share, was conducted by means of an accelerated bookbuild and represent approximately 12.1% of the issued share capital of DFS Furniture plc.

Following the settlement, Advent will now hold 25.7 million shares in DFS, representing around 12.1% of its shared capital, halving its original share holding.