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BP: BlackRock raises stake to 7.5%

(CercleFinance.com) - US asset manager BlackRock has raised its stake in British oil giant BP to about 7.
5%, BP said on Wednesday.

The regulatory filing showed that BlackRock previously held around 7.3% of the group's capital.

BlackRock now holds about 841.5 million shares and voting rights, or 4.1% of the share capital, while its financial instruments represent over 3.3%, BP said in a statement.

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