Investment Firm Owns 5% of Nokian - Tire Review Magazine

Investment Firm Owns 5% of Nokian

(Staffordshire, U.K./Tyres & Accessories) On July 20, Nokian Tyres received news from Grantham, Mayo, Van Otterloo & Co., that as a result of a share transaction concluded the previous day, their ownership increased to 5% of the voting rights and share capital in the Finnish tyremaker.

GMO now holds a total of 6,224,719 Nokian Tyres’ shares, representing 5.06% of the company’s 122,989,620 shares and voting rights.

GMO is a global investment management firm founded in 1977. Its headquarters are in Boston, with offices in San Francisco, London, Zurich, Singapore and Sydney, and the company employs around 350 people worldwide. In March 2007, GMO was managing US$ 145 billion in client assets.

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