Packer offloads Seek, Magellan

James Packer offloaded 4% of Seek, 8% of Magellan, according to reports.

James Packer has sold stakes in jobs website Seek (SEK) and fund manager Magellan Financial Group (MFG), The Australian reports. 

According to the newspaper, the casino boss sold 4% of Seek at $9.28 per share, as well as 8% of Magellan at $10.68 per share in a block trade with UBS.


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