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Property investor Robert Tchenguiz raises stake in FirstGroup to over 6%

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(Reuters) - Iranian-born property investor Robert Tchenguiz raised his stake in FirstGroup on Monday, months after forcing the British transport firm to sell its U.S. assets as part of a portfolio overhaul.Tchenguiz now owns a 6.09% stake in the company, up from 5.08%.Tchenguiz with Coast Capital Management, FirstGroup's second biggest investor with a 10% holding, called for the sale in November,..
Date Published: Feb 04, 2020
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