Qatar Investment Authority Reduces Stake in Sainsbury’s – TipRanks.com
J Sainsbury plc (GB:SBRY) has released an update.
Qatar Investment Authority has adjusted its stake in J Sainsbury PLC, with a recent transaction changing its voting rights ownership to 10.14%, a decrease from the previous notification of 15%. This significant shift, crossing the threshold on October 11, 2024, was promptly disclosed to the company on the same day. The move by the investment authority reflects a notable change in their position regarding the UK-based grocery and retail company.
For further insights into GB:SBRY stock, check out TipRanks’ Stock Analysis page.
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