Woodford dumps entire Eurocell stake as asset fire sale tops £800m

in #dlike5 years ago

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Embattled fund manager Neil Woodford has dumped his entire stake in Eurocell after the windows and doors business revealed flat profits and a doubling in its debt at the half-year stage last week. Mr Woodford sold his entire 16pc holding last Thursday, the same day that the company blamed Brexit stockpiling, future lease payments and soaring capital expenditure for a 55pc rise in its debt pile to £36


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