Activist Investor ValueAct Sells out of Rolls-Royce -FT
August 07 2020 - 2:14AM
Dow Jones News
--U.S. activist investor ValueAct has sold its shareholding in
Rolls-Royce Holdings PLC, the FT reports, citing unnamed
sources.
--The shares have been sold over a period of time since April at
prices between 250 and 350 pence (328 cents-460 cents), compared
with 480-980 pence between January and November 2015 when ValueAct
was buying shares, the FT reports.
--ValueAct had a 4.5% shareholding in Rolls-Royce, according to
FactSet.
Full story: https://on.ft.com/2Pvtm9R
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(END) Dow Jones Newswires
August 07, 2020 01:59 ET (05:59 GMT)
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