5th Jul 2019 16:39
(Alliance News) - River & Mercantile Group PLC said Friday FTSE 100-listed insurance firm Legal & General Group PLC built a 5.5% stake in the asset manager following a transaction on Wednesday.
L&G held 4.7 million shares in River & Mercantile following the transaction, equivalent to a 5.5% stake in the 85.3 million shares outstanding in the firm.
Shares in River & Mercantile closed 1.8% higher at 280.00 pence in London on Friday.
Related Shares:
RIV.LLegal & General