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Kirkbi boosts Nilfisk stake to 20 percent, overtaking PrimeStone

( March 8, 2019, 09:30 GMT | Official Statement) -- MLex Summary: Nilfisk Holding today disclosed that Kirkbi Invest has increased its stake in the Danish cleaning-equipment maker to 20 percent, apparently surpassing the holding of PrimeStone Capital, the activist investor that has been urging Nilfisk to merge with US rival Tennant. PrimeStone raised its own stake to 15.8 percent in November, only to see Kirkbi lift its holding to 15.9 percent in December. Kirkbi manages the wealth of the family behind Lego.Notification of major shareholding...

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