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Reimann Family Sells 8% Stake in JAB, FTD Reports

May 20 (Bloomberg) -- The billionaire Reimann family for the first time sold a stake in the holding company that owns its assets, Financial Times Deutschland reported, citing a company spokeswoman.

The family sold 8 percent in the investment company Joh. A. Benckiser SE to managers Peter Harf, Bart Becht and Olivier Goudet, the newspaper said in a preview of an article to be published in tomorrow’s edition.

The German family’s holdings include 10.57 percent in Reckitt Benckiser Group Plc and 80 percent in Coty Inc., according to FTD.

To contact the reporter on this story: Karin Matussek in Berlin at kmatussek@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

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