Goldman Sachs Group and Morgan Stanley said they have placed a 10% stake in Spanish travel company Amadeus IT Holding on behalf of private equity firms Cinven and BC Partners, for €613m.
The stake was sold at €13.70 a share to institutional investors. Both Cinven and BC Partners lowered their respective stakes by 5% each, and now hold 8% each in Amadeus, Goldman Sachs and Morgan Stanley said in a regulatory filing.