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Pentwater Acquires Stake In BTG As Invesco Reduces 16% Holding (ALLISS)

Wed, 30th Jan 2019 17:40

LONDON (Alliance News) - BTG PLC on Wednesday said that investment manager Invesco reduced its stake in the FTSE 250-listed healthcare firm on Tuesday to 7.96% from 15.99%.

On the same day, hedge fund Pentwater Capital Management LP now holds a 7.96% interest in BTG. It has not known how much of a stake Pentwater held in the company previously, if any at all.

Shares in BTG closed up 0.1% at 829.07 pence on Wednesday.

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