Odey Asset Management has sold its 19% stake in UK-based retailer AO World Plc to Frasers Group , Sky News reported on Saturday.
Odey Asset Management, AO and Frasers Group did not immediately respond to a request for comment by Reuters.
and Canada Life moved to cut back their dealings with Odey Asset Management, citing allegations of sexual misconduct by its founder, Crispin Odey, that were published by the Financial Times and Tortoise Media a day earlier.
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