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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Fund offloads 3.9% stake in Helios Towers via secondary placing

(Sharecast News) - Helios Towers on Tuesday said Helios Investment Partners Fund II had sold its entire shareholding in the telecoms firm via a secondary placing. The partners fund offloaded 41,293,383 shares, or 3.9% of the company, at 154p each. Helios Towers bought 10% as part of its share buyback programme for cancellation.

Reporting by Frank Prenesti for Sharecast.com

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