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Saba Capital reveals 5.1% Unite Group position

hedgeweek

1 month ago

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Activist hedge fund Saba Capital has disclosed a 5.1% economic interest in Unite Group, making it one of the largest shareholders in the UK student accommodation provider as the company accelerates property disposals and returns capital to investors, according to a report by QuotedData.
The reporter cites a regulatory filing as showing that Saba holds only 0.08% of Unite’s ordinary shares directly, with the remaining 5% represented by total return swaps held across several of its funds, includin...

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