Pearson: Goldman Sachs raises stake to 6.5%
(CercleFinance.com) - Goldman Sachs has raised its stake in British education publisher Pearson to 6.
5% from 2.7%, according to a filing on Friday.
According to the filing, Goldman Sachs now owns a total of 781,067,196 Pearson shares.
The position represents 5.9% of the share capital through financial instruments only.
Note that Goldman Sachs often makes round-trips in Pearson's capital through the use of financial instruments.
In accordance with the London Stock Exchange rules, an investor who exceeds the 3%, 4%, 5%, and 6% thresholds must disclose their stake.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
5% from 2.7%, according to a filing on Friday.
According to the filing, Goldman Sachs now owns a total of 781,067,196 Pearson shares.
The position represents 5.9% of the share capital through financial instruments only.
Note that Goldman Sachs often makes round-trips in Pearson's capital through the use of financial instruments.
In accordance with the London Stock Exchange rules, an investor who exceeds the 3%, 4%, 5%, and 6% thresholds must disclose their stake.
Copyright (c) 2018 CercleFinance.com. All rights reserved.