M&G INVESTMENT MANAGEMENT LTD Bolsters Stake in REE Automotive Ltd

Overview of the Recent Transaction On September 19, 2024, M&G INVESTMENT MANAGEMENT LTD, a prominent investment firm, exceuted a significant transaction by acquiring an additional 2,163,837 shares of REE Automotive Ltd (REE, Financial). This move increased the firm's total holdings in REE to 3,910,851 shares, marking a substantial endorsement of the automotive company's potential. The shares were purchased at a price of $5.78 each, reflecting a strategic addition to M&G's portfolio. Insight into M&G INVESTM ...