RPT-Threadneedle takes stake in Finnish tyre maker

Newswire

HELSINKI, Jan 26 (Reuters) - Britain's Threadneedle Asset Management has bought 5.19 percent of shares and votes in tyre maker Nokian Renkaat , making it the second biggest shareholder in the Finnish firm. Nokian said in a statement on Wednesday Threadneedle held 563,595 of its total 10.85 million shares as of Jan. 24. Nokian, whose shares were up 0.5 percent on the day, has a market capitalisation of around 1.2 billion euros ($1.56 billion). At the end of last year, Threadneedle was ...

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