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Birmingham Post
Birmingham Post
Business
Jon Robinson

Global investment giant JP Morgan becomes second largest shareholder in Boohoo

Boohoo JP Morgan

Global investment giant JP Morgan has become the second largest shareholder in Boohoo.

The company has snapped up a 5.1% stake in the Manchester-headquartered fashion group, according to newly-filed documents with the London Stock Exchange.

The move means it is now the largest institutional investor in the group.

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