Invesco Perpetual set to slash holding in AJ Bell at IPO
Will remain cornerstone investor
Andy Bell CEO of AJ Bell
Major shareholder Invesco Perpetual is expected to cut its holding in AJ Bell when the investment platform floats in the coming year.
Invesco Perpetual is said to be reducing its stake in AJ Bell from 44% to 25% while chief executive Andy Bell will cut his holding from 28% to 25%, the FT reports. Both parties will remain cornerstone...
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