May 19, 2013

Morrison’s biggest shareholder is now Invesco

Morrison’s biggest shareholder is now Invesco after the fund manager brought their holding up to nearly 8 percent.

Previously BlackRock was the supermarket’s biggest shareholder with over 10 percent, but reduced its holding to 4.2 percent in January.

Neil Woodford of Invesco used the sale by BlackRock to increase holdings in Morrison’s and become their biggest shareholder.

Read More: Telegraph

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