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Franklin Resources has 5.7% Adecco stake – filing

by Staff GBAF Publications Ltd
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ZURICH (Reuters) – U.S.-based investor Franklin Resources Inc controls a 5.7% voting stake in Swiss staffing group Adecco Group AG, a regulatory filing showed on Monday.

“The obligation to notify is due to the fact that Fiduciary

Trust Company International now holds a position in Adecco

Group AG,” the filing showed, adding the reporting obligation arose on Sept. 28.

 

(Reporting by Michael Shields; Editing by Christopher Cushing)