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BlackRock Ups Stake in Intermediate Capital Group

BlackRock Ups Stake in Intermediate Capital Group

Intermediate Capital (GB:ICG) has released an update.

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Intermediate Capital Group PLC has announced a significant change in share ownership, with BlackRock, Inc. acquiring additional voting rights, bringing its total to 5.44% on May 2, 2024. This change was officially communicated to the company the following day. The notification details an intricate web of control through multiple BlackRock entities, reflecting the complexity of modern financial holdings.

For further insights into GB:ICG stock, check out TipRanks’ Stock Analysis page.

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