KBC: BlackRock holding below threshold of 5%.
(CercleFinance.com) - US asset manager BlackRock now has a stake of just under 5% in KBC, the Belgian bank said on Monday.
The disclosure was made after BlackRock's holding fell below the 5% threshold, at which such disclosures are mandatory.
On behalf of clients and funds under management, BlackRock's current stake represents 4.99% of the group's voting rights, according to the filing.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The disclosure was made after BlackRock's holding fell below the 5% threshold, at which such disclosures are mandatory.
On behalf of clients and funds under management, BlackRock's current stake represents 4.99% of the group's voting rights, according to the filing.
Copyright (c) 2017 CercleFinance.com. All rights reserved.