Published on 14 Feb 2024 on GuruFocus.com via Yahoo Finance
Introduction to the Transaction
In a recent portfolio update, Third Point LLC, led by renowned investor Daniel Loeb (Trades, Portfolio), has made a significant addition to its investment portfolio by acquiring shares in Global Blue Group Holding AG (NYSE:GB). The transaction, which took place on December 31, 2023, saw the firm adding 1,333,333 shares of the company, reflecting a 15.90% change in the previous holding. This strategic move has increased Third Point's stake in Global Blue Group Holding AG to a notable 0.7% of its portfolio, with a total of 9,720,934 shares, representing a 4.80% ownership in the company.
Profile of the Investor: Daniel Loeb (Trades, Portfolio)