Safran: BlackRock exceeds 5% stake

(CercleFinance.com) - BlackRock, acting on behalf of clients and funds, has declared to the AMF that on January 2 it exceeded the threshold of 5% of Safran's share capital and held 5.
05% of the share capital and 3.98% of the voting rights of the aircraft engine and equipment manufacturer.

The American asset management giant explained that this threshold crossing was the result of an acquisition of Safran shares on the market and an increase in the number of shares held as collateral.

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