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BlackRock Increases Holding In Royal Mail To 5% Threshold

3rd Dec 2019 17:41

(Alliance News) - Royal Mail PLC on Tuesday said US asset manager BlackRock Inc has boosted its stake in the company to 5.0%.

Prior to Monday's transaction, Royal Mail said BlackRock's stake was below 5%. Shares in the company closed 0.1% lower in London on Tuesday at 215.30 pence each.

By George Collard; [email protected]

Copyright 2019 Alliance News Limited. All Rights Reserved.


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