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Capital Group Cuts Whilst JPMorgan Builds Greene King Stake

Fri, 27th Sep 2019 18:18

(Alliance News) - Greene King PLC said Friday one investor halved its stake in the pub operator, whilst another built theirs in a pair of separate transactions on Wednesday.

Capital Group Companies cut its stake in the firm to 4.9% from 10% in a transaction on Wednesday. Meanwhile, on the same day, JPMorgan Chase & Co built a 5.1% stake in the firm.

Shares in Greene King closed unchanged at 845.40 pence in London on Friday.

By Ahren Lester; ahrenlester@alliancenews.com

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