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Prudential Cuts Avanti Communications Holding Below 5% From 17% (ALLISS)

2nd May 2018 11:16

LONDON (Alliance News) - Avanti Communications PLC on Wednesday said Prudential PLC has slashed its stake in the company by at least 11 percentage points.

In a transaction on Monday, Prudential lowered its holding below 5% from its previous interest of just below 17%.

Avanti shares were up 1.2% on Wednesday at 6.33 pence each.


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