AB Traction adds to Driver stake

AB Traction has increased its stake in construction dispute and property services provider Driver Group (LON:DRV) from 17.32% to 18.27%. This is something worth taking note of.

That is the first change in the stake since last November. NASDAQ OMX Nordic Stockholm Mid Cap-listed AB Traction has a record of buying stakes in professional services companies when they are depressed and then selling to a bidder.

AB Traction previously built stakes in Waterman and WYG and then sold them when a t...

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