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Bonnier builds Innovation stake

13 April 2012

ROBERT Bonnier, founder of Scoot.com, has upped his stake in insurance software firm The Innovation Group.

Bonnier, whose stake is owned through contracts for difference held by his ICE investment vehicle, has lifted his holding by four million shares to 45m, or 10.7%.

Innovation ran into trouble after over-expanding in the dotcom boom.

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