Chr. Hansen: BlackRock cuts stake below 5%
(CercleFinance.com) - BlackRock has cut its stake in Danish food ingredients maker Chr.
Hansen to under 5%, according to a regulatory filing on Friday.
The world's largest asset manager - which oversees about 6.8 trillion dollars in funds - has decreased its holding of shares and related financial instruments to below 5% of the group's voting rights, according to a filing with Danish regulators.
At the end of February, BlackRock held about 5.4% of the company's capital.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
Hansen to under 5%, according to a regulatory filing on Friday.
The world's largest asset manager - which oversees about 6.8 trillion dollars in funds - has decreased its holding of shares and related financial instruments to below 5% of the group's voting rights, according to a filing with Danish regulators.
At the end of February, BlackRock held about 5.4% of the company's capital.
Copyright (c) 2020 CercleFinance.com. All rights reserved.