Investment firm increases stake in C&C
Published: 23 July, 2008
Janus Capital Management increases its stake in troubled Irish firm C&C to 8.07%.
A statement to the Irish stock exchange showed that Janus, which has been building up its stake in C&C in recent weeks, bought 1.25million shares in its latest purchase on 9 August.
It did not disclose details of the price paid.
C&C, the makers of Magners, reported that its sales were down 45% year-on-year in July. It blamed bad weather and increased competition for the downturn.
Keywords:
Search
© Agile Media Ltd 2025. All rights reserved. Agile Media Ltd. Registered office:
56-58 Church Walk, Burgess Hill, West Sussex, RH15 9AN
Registered in England No. 6646125. VAT No. 938 4452 95
56-58 Church Walk, Burgess Hill, West Sussex, RH15 9AN
Registered in England No. 6646125. VAT No. 938 4452 95
