Permasteelisa stake cut

US financial services conglomerate Fidelity Investments, owned by FMR Corporation, has cut its stake in Italian Permasteelisa to under 2%, Italy“s stock market regulator Consob said on 12 March 2002….

US financial services conglomerate Fidelity Investments, owned by FMR Corporation, has cut its stake in Italian Permasteelisa to under 2%, Italy“s stock market regulator Consob said on 12 March 2002. Previously, Fidelity Investments held a 2.367% stake in Permasteelisa. The transaction was carried out on 5 March 2002, Consob added. Permasteelisa is an Italian company which provides design and engineering services for the construction of banks and skyscrapers.