A global investor has built up a sizeable stake in musicMagpie to become one of its largest shareholders.
Over three separate moves over the last week, Schroders has increased its holdings in the Stockport-headquartered business from 7.8% to 12.3%.
The move makes it the second largest single investor in the company, behind Northern Entities - shareholdings of funds managed or advised by NVM Private Equity LLP and Mercia Fund Management Limited.
