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BlackRock Slashes Holding In Greggs Below Threshold From 5%

25th Sep 2019 17:17

(Alliance News) - FTSE 250 baker Greggs PLC said on Wednesday US investment manager BlackRock Inc has cut its stake below 5%.

Prior to Tuesday's transaction, the US firm had a 5.0% holding, worth GBP101.5 million based on Greggs' market capitalisation of GBP2.03 billion.

Greggs shares closed 1.0% lower on Wednesday in London at 2,010.00 pence each.

By George Collard; [email protected]

Copyright 2019 Alliance News Limited. All Rights Reserved.


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Greggs
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Change53.53