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A big activist hedge fund has reportedly just taken a stake in Whole Foods

Rachael LevyAug 14, 2024, 13:47 IST

Jana Partners, an activist hedge fund, is building a stake in Whole Foods, according to a report by Dow Jones, which was tweeted by CNBC.

The CNBC tweet said that the fund has built a 9% stake in the grocery chain and that the firm wants Whole Foods to consider a possible sale.

We have reached out to Jana Partners and will update if we receive a response.

More to come...

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