News > JP Morgan becomes 2nd largest shareholder in Boohoo
JP Morgan becomes 2nd largest shareholder in Boohoo
21/10/2022 02:12 PM | Click to read full article
Global investment giant JP Morgan has snapped up more shares in Boohoo, making it the fast fashion retailer’s second-largest shareholder.
The firm has acquired a 5.1 percent stake in the group, according to a document filed with the London Stock Exchange. The move means JP Morgan is now the largest institutional investor in the Manchester-based company.
