Dufry: Norges Bank cuts stake to below 3%
(CercleFinance.com) - One day after raising its stake to above the 3% threshold, Norges Bank has cut its stake in Dufry to 2.
87%, according to a filing published by Swiss financial regulators on Wednesday.
The move resulted from the return of shares held as collateral, the filing said.
In its previous report yesterday, Norway's sovereign wealth fund announced a 3.01% stake in the Swiss travel retailer.
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