Harris Associates Acquires 5% Stake In Rolls-Royce

(Alliance News) - Jet engine maker Rolls-Royce Holdings PLC on Wednesday said investment company ...

Alliance News 23 October, 2019 | 1:17PM
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(Alliance News) - Jet engine maker Rolls-Royce Holdings PLC on Wednesday said investment company Harris Associates LP has taken a 5.0% stake in the FTSE 100 listed firm.

Chicago-based Harris Associates acquired the stake following a transaction on Friday, though the investor's prior holding, if any at all, was not stated.

Rolls-Royce shares were down 0.9% at 717.64 pence each in London on Wednesday afternoon.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Rolls-Royce Holdings PLC 686.40 GBX -2.56

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