Samsonite International has raised the size of its Hong Kong initial public offering (IPO) to $1.3 billion with over-allotment of shares, Reuters reports. The IPO was boosted by $46 million. CVC Capital Partners sold 15.63 million extra shares, lowering its stake in Samsonite from 29.8% to 28.7%, while Royal Bank of Scotland (RBS) offloaded 9.03 million additional shares, cutting its stake from 15.8% to 15.2%.

The shareholders raised $1.25 billion through the IPO last month. Goldman Sachs, HSBC and Morgan Stanley managed the offering, with UBS and RBS serving as joint bookrunners for the transaction.

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