July 22, 2019 / 6:45 AM / 3 months ago

Activist investor Cat Rock slashes stake in UK's Staffline

July 22 (Reuters) - Activist investor Cat Rock Capital has cut its stake in Staffline Group Plc by more than half, an official filing showed on Monday, less than a month after the British recruiter swung to a 2018 loss as it booked a charge for potential fines for underpaying workers.

Cat Rock Capital cut its stake to 4.64% from a prior stake of 11.50% as of July 16, according to the filing. (Reporting by Samantha Machado in Bengaluru; Editing by Shounak Dasgupta)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below