17th Oct 2018 18:25
LONDON (Alliance News) - Telit Communications PLC said Wednesday that Goldman Sachs Group Inc has lowered its stake in the "internet of things" technology company to 0.46% after a transaction on Monday.
Goldman Sachs reduced its holding to the equivalent of 604,953 shares in Telit. Prior to the transaction, Goldman Sachs held a 6.02% stake in the company.
Shares in Telit closed up 1.7% at 164.80 pence per share on Wednesday.
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