, Singapore

Invesco Asset Management pours $15.8m into troubled Noble

It bought 17m shares at $0.9295 each.

Independent fund manager Invesco Asset Management has picked up poured $15.8m into troubled Noble group by buying 17m shares at $0.9295 each.

The deal makes Invesco a substantial shareholder of Noble. According to CMC Markets, this is the first significant purchase reported by a professional fund house since the Iceberg saga broke for Noble.

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