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SBO Sells Graphcore Stake to SoftBank

SBO Sells Graphcore Stake to SoftBank

Schroder British Opportunities Trust Plc (GB:SBO) has released an update.

Confident Investing Starts Here:

Schroder British Opportunities Trust plc (SBO) has successfully sold its stake in Graphcore to SoftBank Group Corp., resulting in a 22% valuation uplift from the first quarter of 2024. This acquisition returns SBO’s initial investment minus some expenses, positively impacting its overall net asset value by approximately 68 basis points.

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

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