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The US tycoon Soros is no longer a shareholder of Igd

Posted: 29 March 2017

Soros Fund Management, an investment fund of George Soros, American financier of Hungarian origin, has canceled his participation in Igd – Immobiliare Grande Distribuzione SIIQ, selling its 5%.

In March 2014, the decision of the US financier to invest in the Italian real estate from a relatively small company (now capitalizes just under €700 million) had aroused surprise.

The sale of shares was carried out on March 23 and it emerged from the communications relating to significant holdings of Consob, the Italian authority for the market.