29-10-2016 01:04 via news.yahoo.com

Greenlight sells profitable Vodafone, Evonik stakes - letter

By Lawrence Delevingne NEW YORK (Reuters) - David Einhorn's Greenlight Capital sold out of its profitable stock holdings in UK telecommunications company Vodafone Group Plc and German chemical business Evonik Industries AG , according to a letter sent to investors Friday and seen by Reuters. A spokesman for New York-based Greenlight declined to comment. Greenlight's funds returned 3.4 percent net of fees in the third quarter, bringing the year-to-date return to 3.8 percent, both below stock mark
Read more »