AXA: BlackRock drops below 5% of the capital


(CercleFinance.com) – BlackRock, acting on behalf of clients and funds, told the AMF that it crossed the threshold of 5% of AXA’s capital on December 16 and held 4.99% of capital and 4.22% of the voting rights of the insurance company.

The American asset manager explains that this crossing of the threshold results from a sale of AXA shares on the market and a reduction in the number of AXA shares held as collateral.

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