Clariant: Englander reduces stake to below 3%
(CercleFinance.com) - New York investor Israel Englander, the owner of the Millennium Management hedge fund, has sold shares in Clariant, thereby reducing its stake to below 3%, according to a filing with Swiss financial regulators on Friday.
Englander said in late December that he had raised its stake in the Swiss specialty chemicals maker Clariant to above the 3% threshold, as a result of an acquisition of shares.
The American financier first came to the fore as a shareholder in Clariant in October 2019, when he revealed a stake of almost 3.5%.
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Englander said in late December that he had raised its stake in the Swiss specialty chemicals maker Clariant to above the 3% threshold, as a result of an acquisition of shares.
The American financier first came to the fore as a shareholder in Clariant in October 2019, when he revealed a stake of almost 3.5%.
Copyright (c) 2020 CercleFinance.com. All rights reserved.