US investment giant BlackRock builds up 4% shareholding in Bulmers owner

Geoff Percival US investment giant BlackRock has built up a 4% stake in Irish drinks group, C&C.

US investment giant BlackRock has built up a 4% stake in Irish drinks group, C&C.

According to a stock exchange filing by C&C — which owns the twin cider brands, Bulmers and Magners, as well as Tennent’s lager — BlackRock’s shareholding passed the 3% threshold, necessitating a declaration on December 20.