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Birmingham Post

Business

Jon Robinson

US investment giant continues to up stake in online electricals retailer AO

AO United States John Roberts

The largest institutional investor in online electricals retailer AO has increased its stake for the second time in just over a month.

Camelot Capital Partners, which is headquartered in the US, now has a holding of 19.25% in the Bolton-headquartered company.

The move comes after the investor upped its stake from 17.21% to 18.80% in January.

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