B&M stake acquired by US investment giant
B&M stake acquired by US investment giant
A stake in discount retailer B&M has been acquired by a US asset management giant.
Wellington Management Company now has a 5.04% investment in the listed business, which is headquartered in Liverpool.
The Boston-based firm is holding the shares on behalf of BBH ISL Nominees, HSBC, JP Morgan Chase, Mellon, Nortrust, State Street and Vidacos.
It was founded in 1933 and has more than $1tn of assets…
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