BlackRock has 5 percent stake in SocGen: French market regulator

Published January 25, 2013

| Reuters

Asset manager BlackRock has a stake of just over 5 percent of French bank Societe Generale , French market regulator AMF said on Friday.

The disclosure was made after BlackRock's holding - acquired on and off the market - rose above the 5 percent threshold at which such disclosures are mandatory.

On behalf of clients and funds under management, BlackRock now has a 5.002 percent stake in SocGen and 4.48 percent of voting rights in the group, according to the AMF filing.

A BlackRock spokesman in London said the asset manager did not comment on individual company holdings.

(Reporting by Christian Plumb and Benjamin Mallet. Editing by Jane Merriman)

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