Arora family to sell 40m shares in B&M to investors

The Arora family has announced it is to sell 40m ordinary shares in the B&M business.
An announcement to the markets on Monday afternoon said SSA Investments, the Arora family’s investment vehicle, want to sell the shares by way of an accelerated bookbuild to institutional investors.
The placing shares represent around 4% of discount chain B&M’s issued share capital.
SSA Investments current owns…