A hedge fund owned by one of the richest men in the world has sold almost its entire stake in fashion giant Boohoo.
Citadel GP LLC, which is majority owned by billionaire founder and chief executive Ken Griffin, has slashed its holdings from 8.9% to 1.8%, according to a newly-filed notice with the London Stock Exchange.
The group first invested in the Manchester-headquartered giant in July 2022 before later upping its stake.
