Controlling Sprouts Shareholders Sell 15 Million Shares of Stock


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Tue. March 18th, 2014 - by Jonathan Nivens

<p>Sprouts Farmers Market is announcing that it has filed documentation with the SEC in connection with the proposed sale of up to 15 million shares of its common stock by controlling shareholders Apollo Global Management, LLC and certain other stockholders of the company, according to the Wall Street Transcript.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Sprouts Farmers Market is not selling any shares itself, and the company will not be receiving any proceeds from this particular offering.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">The offering will be made through an underwriting group led by Goldman, Sachs &amp; Co., Credit Suisse, BofA Merrill Lynch, Apollo Global Securities, Barclays, Deutsche Bank Securities, UBS Investment Bank, Guggenheim Securities and Wolfe Research Securities. Goldman, Sachs &amp; Co., Credit Suisse and BofA Merrill Lynch are acting as joint book-running managers of the offering and the representatives of the underwriters.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="https://www.sprouts.com/" target="_new"> Sprouts Farmers Market </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">