John Lewis Partnership Pension Trust has sold its 10% stake in online grocer, Ocado, Global Pensions reports. The pension fund sold 57.3 million shares at 265 pence per share. Goldman Sachs was appointed to manage the stake sale. The trust sold half of its stake in 2010 as part of a program to reduce its £904.6 million defined benefit deficit as of the end of 2009.
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