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Birmingham Owner Carson Yeung Increases Stake in Soccer Team

Birmingham City’s biggest shareholder, Carson Yeung, increased his stake in the Premier League soccer club to 24.9 percent, the team’s parent company said in a statement to the Hong Kong Stock Exchange.

Yeung acquired 315,000,000 shares in Birmingham International Holdings in a private transaction for an undisclosed amount from an “independent third party” through his company Great Luck Management Ltd., the statement said.