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Spain’s Villar Mir reduces stake in OHL

Spain’s Villar Mir reduces stake in OHL

MADRID: The controlling shareholder in Spain’s Group Ontario Hockey League (OHL) Villar Mir said in a statement on Friday it had reduced its stake in the building company to 57.6 percent from just over 61 percent since September.

OHL’s Chairman Juan Miguel Villar Mir said it was not planning further sales and said it would not in any case cut its holding to below 51 percent. OHL shares had closed down nearly 7 percent on Thursday.