RE:RE:RE:Superior DivestmentFrom Cision Newswire - April 25, 2023: Marquard & Bahls AG ("M&B") announced today that it has, in a transaction that occurred on April 25, 2023, disposed of and ceased to have control over 13,000,000 common shares of Superior Plus Corp. (the "Company") via a private sale agreement, representing 6.48% of the issued and outstanding common shares, at an average price of Cdn. $9.79 per share and a total consideration of Cdn. $127,270,000.00.
My understanding of "private" is that the shares were not available to the public. I didn't see any massive increase in Superior shares transactions on the day in question. ie. The sale was a block, to a private investor. Unless you have some other information that I haven't seen?