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eDreams drops after Permira sells stake — TradingView News

** Shares in eDreams ODIGEO EDR drop around 14% after Permira Holdings reduced its stake in the Spanish travel booking company

** Permira, which owned a 25.1% stake in eDreams, sold a 5.8% stake at 7.55 euros per share through an accelerated bookbuilding

** That represents a discount of 11.9% to eDreams Wednesday’s close of 8.57 euros

** If losses hold, shares will see their worst day in over five years

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