Sprouts investor to sell 15M shares

Sprouts investor to sell 15M shares

Apollo Capital Management, the private equity firm that’s the largest investor in Sprouts Farmers Market, is selling another chunk of its stake. 

The retailer said Apollo has launched an offering to sell 15 million shares. Underwriters led by UBS Securities will have the opportunity to purchase an additional 2.25 million shares. Sprouts will receive no proceeds from the sale.

Apollo has sold its shares i

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