Deutsche Bank Lowers Stake In GKN Below Notifiable Threshold (ALLISS)

28th Mar 2018 17:53

LONDON (Alliance News) - GKN PLC said Wednesday German banking giant Deutsche Bank AG lowered its stake in the FTSE 100-listed engineer to below the notifiable threshold after a transaction last Friday.

Deutsche Bank reduced its holding to below the notifiable threshold from 5.4% previously.

Shares in GKN closed down 1.7% at 423.00 pence Wednesday.

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