Reimann Family Sells 8% Stake in JAB, FTD Reports

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 (RB/) 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