Invesco Ltd., a global investment management firm, has announced that it has grown its holdings in Sweetgreen, Inc. (NYSESG), a leading healthy food chain based in the United States. The exact amount of the investment was not disclosed, but it is believed to be significant.
Sweetgreen is a company that operates in the fast-casual restaurant industry, offering fresh and healthy meal options made with locally sourced ingredients. The company has been growing rapidly in recent years, with over 100 locations across the United States and Canada.
Invesco Ltd. is a global investment management firm that provides a range of services to institutional and individual investors. The company manages over $1 trillion in assets under management and operates in more than 40 countries around the world.
The investment in Sweetgreen by Invesco Ltd. is seen as a positive development for the company, as it will provide additional capital to support its growth and expansion plans. It also reflects the growing demand for healthy food options and the potential for companies in this sector to generate strong returns for investors.
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