Interxion Announces 10 Million Share Distribution by Chianna Investment N.V. to Its Sole Shareholder Baker Communications Fund
Interxion Holding N.V. (NYSE: INXN) announced today that after the closing of the NYSE on Wednesday 14 March, Chianna Investment N.V. requested that Interxion instruct its Transfer Agent, American Stock Transfer & Trust Company, to remove the restrictive legend on the 10,143,599 Interxion shares that Chianna Investment N.V. holds.
Baker Capital has informed Interxion that it intends to make a pro rata distribution-in-kind of these shares immediately to the partners of Baker Communications Fund (Cayman) LP, which is a 1997 vintage private equity fund. Baker Capital holds an additional 20,657,892 Interxion shares through a successor fund, Baker Communications Fund II (Cayman) LP.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.