Blackrock cut stake in Italy's Banco Popolare to 4.9 percent: filing

By Reuters

Nov 28, 2014 09:26 AM EST

U.S. investment firm Blackrock (BLK.N) has lowered its stake in Italian cooperative bank Banco Popolare (BAPO.MI), according to a regulatory filing on Friday which showed a holding of 4.91 percent as of Nov. 21.

The filing by market regulator Consob said BlackRock owned 6.85 percent of Banco Popolare as of March 31.

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