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Blackrock says cooperating with German dividend stripping probe

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Blackrock says cooperating with German dividend stripping probe
FILE PHOTO: A sign for BlackRock Inc on its building in New York, U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo   -   Copyright  Lucas Jackson(Reuters)
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FRANKFURT (Reuters) – U.S. fund manager Blackrock <BLK.N> said on Tuesday it was cooperating with German investigators in a probe into suspected dividend stripping.

“BlackRock is fully cooperating with an ongoing investigation relating to cum-ex transactions in the period 2007-2011,” a spokesman said.

(Reporting by John O’Donnell; Writing Douglas Busvine; Editing by Edward Taylor)

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