Woodford Cashes in Amlin Stake After Record Takeover Offer

Updated on
  • Fund manager sells $166 million holding in Lloyd's insurer
  • Amlin reached record in London after takeover by Japan's MS&AD

Neil Woodford sold his entire 107.5 million-pound ($166 million) stake in Amlin Plc after Tuesday’s takeover offer by a Japanese competitor sent the Lloyd’s of London insurer’s shares to a record high.

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