June 10, 2018 / 9:06 PM / in 9 days

BlackRock discloses 5 percent stake in NZ's a2 Milk

(Reuters) - BlackRock Inc (BLK.N), the world’s largest asset manager, disclosed on Monday a 5 percent stake in New Zealand dairy firm a2 Milk Company Ltd (ATM.NZ).

FILE PHOTO: The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid/File Photo

a2, which makes infant formula, dashed market expectations in May with a forecast for annual revenue growth of more than 63 percent.

Reporting by Aditya Soni in Bengaluru; Editing by Peter Cooney

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