Financiere Star 1 to Sell up to 15 Million Chr. Hansen Shares

Financiere Star 1 is planning to sell up to 15 million shares in Chr. Hansen Holding A/S, the Danish food-ingredient company that held an initial public offering last year, Goldman Sachs International said in an e- mailed statement today. Financiere Star 1 has agreed to a 60-day lock-up period on its remaining share position, the statement said.

The sale, to take place via an accelerated bookbuild offering to institutional investors, will be managed by Goldman Sachs International and J.P. Morgan Securities Ltd. as joint bookrunners, with Carnegie Bank A/S as a co-lead manager, the statement said.

To contact the editor responsible for this story: Blanche Gatt at bgatt@bloomberg.net