Capital Group Boosts NatWest Shareholding After UK Govt Trims Position
Sunday, 12 May 2024, 11:29
Capital Group Boosts NatWest Investment
A leading US investor has started pouring cash into NatWest shares after a notable cut in the government’s shareholding helped to allay fears of state intervention in the bailed out banking group.
Key Highlights:
- Investment Increase: Los Angeles-headquartered Capital Group buys over £110m in NatWest shares.
- Government Cut: Recent reduction in UK government's shareholding eases concerns of state interference.
- Top Shareholder: Capital Group becomes one of NatWest's top 30 shareholders post buyout.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.