Shares of MasMovil (MC: MASM) have continued to trade above 22.50 euros per share after the buyout from the KKR-led group of investors. In the meantime, the investment giant BlackRock slashed its stake in the telecom company. BlackRock cuts its stake in MasMovil BlackRock, an investment management corporation, reduced its stake in Spanish mobile operator MasMovil to 4.27% from 5.7% last week, according to the regulatory filings. BlackRock was the 5th-biggest stakeholder in MasMovil. The decision from BlackRock came after MasMovil’s board accepted the $3 billion buyout offer from funds Providence, Cinven, and KKR. The offer was accepted in June to

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