logo
Share SHARE
FONT-SIZE Plus   Neg

Capital Research And Management's Holdings In Nokia Decreases Below 5 %

Nokia Corp. (NOK) announced that holdings of Capital Research and Management Company in Nokia decreased below 5 % of the share capital of Nokia. On March 5, 2012, the holdings of Capital Research and Management Company, held through the mutual funds it manages, both in ADRs and ordinary shares amounted to a total of 184,834,660 Nokia shares, which corresponds to approximately 4.9356 % of the total number of shares and voting rights of Nokia.

Capital Research and Management Company is a U.S. based investment advisor managing various mutual funds.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Electric car maker Tesla Motors Inc. (TSLA), Wednesday reported a loss for the fourth quarter that was narrower than last year. The company said it expects to start volume production of Model 3 by September. Palo Alto, California-based Tesla reported fourth-quarter loss of $121.3 million or $0.78... Canada based Maple Leaf Foods Inc. Wednesday said it has reached a definitive agreement with Brynwood Partner VI L.P. for the acquisition of Lightlife Foods Inc. The deal would be worth $140 million plus other costs. Light is a brand in U.S. for refrigerated plant based protein foods. A hedge fund is an alternative investment fund that uses pooled funds from accredited individuals or institutional investors and invests these funds in different assets with a goal of generating high returns. Hedge funds are generally accessible only to accredited or qualified investors. They cannot...
comments powered by Disqus
Follow RTT