London cab maker's ex-chairman sells 38 pct stake

Newswire

LONDON, March 19 (Reuters) - Manganese Bronz Holdings Plc former chairman Jamie Borwick disposed of his family's 38 percent stake in the maker of London's distinctive black cabs through an institutional placing, the firm said on Friday. "Yesterday's placing with a range of institutions widens our shareholder base and will improve liquidity, making the company a more attractive investment opportunity," Chairman Tim Melville-Ross said in a statement. The Borwick family held some 7.2 ...

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