tiprankstipranks
Trending News
More News >

Qatar Investment Authority Reduces Stake in Sainsbury’s

J Sainsbury plc (GB:SBRY) has released an update.

Confident Investing Starts Here:

Qatar Investment Authority has adjusted its stake in J Sainsbury PLC, with a recent transaction changing its voting rights ownership to 10.14%, a decrease from the previous notification of 15%. This significant shift, crossing the threshold on October 11, 2024, was promptly disclosed to the company on the same day. The move by the investment authority reflects a notable change in their position regarding the UK-based grocery and retail company.

For further insights into GB:SBRY stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App