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Capital Group Exits Entire 10% Hostelworld Stake After Transaction

15th Oct 2019 16:04

(Alliance News) - Hostelworld Group PLC said Tuesday US financial services firm Capital Group Co Inc exited its 10% stake in the online hostel booking platform after a transaction last Friday.

Capital Group sold its entire stake in Hostelworld, having previously held a 9.95% stake in the company.

Shares in Hostelworld were unchanged at 112.00 pence in London on Tuesday.

By Ahren Lester; [email protected]

Copyright 2019 Alliance News Limited. All Rights Reserved.


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