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KBC Group: BlackRock raises stake to 5.23 percent

(CercleFinance.com) - U.
S. asset manager BlackRock has raised its stake in KBC Group to 5.23 percent, the Belgian financial group said on Monday.

KBC did not say from what level BlackRock's stake had risen to cross the reporting threshold of 5%, but BlackRock now holds 21,900,925 voting rights, KBC said in a statement.

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