LONDON (Alliance News) - Cambium Global Timberland Ltd said Wednesday that Baillie Gifford & Co lowered its stake in the company to 8.13%.
Prior to Tuesday's deal, Baillie Gifford owned a 14.69% interest in the company, which owns plantation forests in Brazil but is in the process of realising assets.
Cambium Global Timberland shares were untraded at 12.25 pence each.