Silchester International takes 5% stake in ITV
ITV
62.65p
15:45 15/11/24
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Silchester International Investors has taken a 5% stake in broadcaster ITV, according to a filing late on Monday.
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According to its website, Silchester was formed in 1994 to specialise in international equity investment, primarily on behalf of institutional investors.
The fund "seeks to earn an attractive long-term return through investment in quoted international equities".
It has one investment program - International Value Equity - and offers this program exclusively through five long-only commingled funds.