Danske Bank A S Buys $2.5B Stake in Amazon

Danske Bank A S has acquired a significant stake in Amazon.com, Inc. (NASDAQ:AMZN) by purchasing 10,467,002 shares of the e-commerce giant's stock in the 2nd quarter.

The institutional investor bought the shares for approximately $2,494,705,000, making Amazon.com account for around 4.9% of Danske Bank A S's holdings.

This acquisition makes Amazon.com Danske Bank A S's 3rd biggest position, and the company now owns approximately 0.10% of Amazon.com as of its most recent SEC filing.