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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Invesco | LSE:IVZ | London | Ordinary Share | GB0001282697 | USD0.10 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 628.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
MAN SE (MAN.XE) said Wednesday that Invesco AIM Management Group Inc. (IVZ) has corrected a statement made last week on the stake it amassed in the German truck maker and engineering group, adding that the U.S. investment firm's stake was actually less than 3% and not 10.4% as announced Sept. 30.
"The voting rights announcements were incorrect and resulted from ... a calculation error (at Invesco)," MAN said in a statement.
A spokesman for MAN said the company isn't responsible for the incorrect statement.
Invesco wasn't immediately available for comment.
The initial announcement suggested that Invesco had become MAN's second-largest shareholder after Volkswagen AG (VOW.XE), which holds a stake of 29.9%. The announcement sparked market speculation that Invesco could help Volkswagen prepare a takeover of MAN.
Company Web site: www.man.eu
-By Christoph Rauwald, Dow Jones Newswires; +49 69 29 725 512; christoph.rauwald@dowjones.com
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