© Reuters. Ubisoft: BlackRock strengthens capital
BlackRock (NYSE:BLK), acting for the account of clients and funds which it manages, declared to the AMF that it had crossed upward, on 4 April, the threshold of 5% of the capital of Ubisoft (PA:UBIP) and to hold, for the account of such clients and funds, 5,03% of the capital and 4.28% of the voting rights of the publisher of video games.
This crossing of thresholds results from an acquisition of shares Ubisoft on and out of the market and receipt of shares held as collateral.
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