TigerLuxOne successfully places 13.2 million shares of TeamViewer AG with institutional investors17 February 2021
TigerLuxOne S.à r.l. ("TLO"), an entity controlled by funds advised by Permira, has successfully placed 13.2 million shares in TeamViewer AG (“TeamViewer”) with institutional investors in an accelerated bookbuilding process. The placement price was € 44.50 per share. This represents approximately 6.6% of TeamViewer’s entire share capital. TLO remains TeamViewer’s largest shareholder, holding about 20.0% of TeamViewer’s share capital after the placement. In connection with the placement, TLO agrees to a lock-up period of 90 days.