Greenlight Sells Profitable Vodafone, Evonik Stakes

(Reuters) David Einhorn’s Greenlight Capital sold out of its profitable stock holdings in UK telecommunications company Vodafone Group Plc (VOD.L) and German chemical business Evonik Industries AG (EVKn.DE), according to a letter sent to investors Friday and seen by Reuters. The letter also noted that the hedge fund firm had established a new “medium-sized long position” in an unnamed utility sector company over the third quarter.

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