BlackRock discloses 5 percent stake in NZ’s a2 Milk

Industry:    2018-06-11

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).

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

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