KBC: BlackRock raises stake to over 5%
(CercleFinance.com) - New York-based asset manager BlackRock has raised its stake in the Belgian financial group KBC to 5.
01%, according to a regulatory filing, continuing its round trips in the group's capital.
As of 27 September, the US money manager held 20.8 million voting rights out of a total of 415.9 million shares, KBC said.
The week before, BlackRock's stake fell below the reporting threshold of 5%.
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