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Morning briefing: Saba lifts Grainger stake to over 9%
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Morning briefing: Saba lifts Grainger stake to over 9%
Saba Capital has increased its position in Grainger (GRI), the £1.2bn residential landlord, to 9.2% from 8.9%. The activist hedge fund first disclosed a stake of 5% in June in the build-to-rent developer. Mike Ashley, founder of Frasers (FRAS), the Sports Direct owner, bought 4.2% in May.
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