4th Dec 2015 08:41
LONDON (Alliance News) - UK hotel company Peel Hotels PLC on Friday disclosed via a stock exchange filing that JPMorgan Asset Management has bought an 8.9% stake in the business.
No further details were provided on the reason for the acquisition, which is the first holding for JPMorgan Asset Management in the company.
Shares in Peel were untraded on Friday, having last traded at 104.20 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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