Friday, March 12, 2010

Wells Fargo (NYSE:WFC) Big Stake InterOil (NYSE:IOC)

Wells Fargo Stake in InterOil

Wells Fargo & Co. (NYSE:WFC) disclosed today it had a stake in InterOil (NYSE:IOC) of over 10 percent through its required 13G filing with the SEC.

The 10.25 percent stake in InterOil equals around $312.64 million or 4.39 million shares.

InterOil's operations are primarily in the Southwest Pacific region and Papau New Guinea.

Wells Fargo Stake in InterOil

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