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Saba Capital discloses 5.1% economic stake in Unite Group
The disclosure makes Saba Capital one of Unite Group’s largest shareholders as the company steps up property disposals and plans to return capital to investors.
Saba Capital, led by Boaz Weinstein, has disclosed a 5.1% economic interest in Unite Group, according to information cited by Hedgeweek.
The stake positions the activist hedge fund among the largest shareholders in the UK student accommodation provider.
Hedgeweek also links the move to Unite Group’s ongoing push to accelerate property disposals and return capital to investors.
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