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Birmingham Post
Birmingham Post
Business
Jon Robinson

Top Boohoo investor slashes stake by more than half in major shares sell off

Boohoo

One of the largest shareholders in fast fashion giant Boohoo has slashed its stake by more than half.

Jupiter Fund Management has reduced its holdings in the Manchester-headquartered company from 9.99% to 4.7%, according to new documents filed with the London Stock Exchange.

The firm was the second largest institutional investor in Boohoo, behind T. Rowe Price International.

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