NC Telecom Holding A/S in Secondary Offering of 15,000,000 Shares of Common Stock of Brightpoint, Inc.
July 21, 2009
Cleary Gottlieb represented the sole underwriter, Deutsche Bank Securities Inc., in a secondary offering of an aggregate of 15,000,000 shares, $0.01 par value, of common stock of Brightpoint, Inc. by one of its shareholders, NC Telecom Holding A/S, at a price to the public of $5.00 per share, pursuant to a registration statement on Form S-3. The offering closed on July 21.
Brightpoint, based in Indianapolis, Indiana, is a global leader in the distribution of wireless devices and accessories and provision of customized logistic services to the wireless industry. Brightpoint did not receive any proceeds from the offering. The ultimate parent of NC Telecom Holding is Nordic Capital VI Limited, a private equity fund of Nordic Capital. Nordic Capital funds focus primarily on investments in large- and medium-sized companies in the Nordic region and on selected international investment opportunities.