Victoria (GB:VCP) has released an update.
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Spruce House Investment Management LLC has significantly increased its stake in Victoria PLC, now controlling 16.78% of the company’s voting rights through shares and financial instruments. This move, including a position held via a Total Return Swap, highlights Spruce House’s strategic interest in Victoria PLC as the swap covers a substantial portion of the company’s shares. Investors in Victoria PLC might find this development noteworthy as it indicates a strong external interest in the company’s potential.
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