BRT BRT Apartments Corp

By Friedrich Geiger

FRANKFURT--German media group Bertelsmann SE & Co. KGaA Wednesday said it is offering a 1.3% stake in RTL Group S.A. (RTL.BT) for sale and will hold 75.1% in the television broadcaster after the placement.

Bertelsmann is offering 2 million ordinary shares in an accelerated bookbuilding to institutional investors. The offer comprises the shares of an over-allotment option which wasn't exercised at RTL's initial public offering in the spring.

Deutsche Bank AG (DB) and Morgan Stanley (MS) are joint book runners on the transaction.

Write to Friedrich Geiger at friedrich.geiger@wsj.com

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