London: WL Ross & Co, the investment firm managed by billionaire Wilbur Ross, raised £171.5 million (Dh786.2 million, $214 million) by selling its remaining 12 per cent stake in Virgin Money Holdings UK Plc. Shares in the British challenger bank fell the most in four months. The New York-based money manager doubled the size of the stake it had originally planned to sell to about 54 million shares after strong demand from investors, according to a statement on Thursday. The stock was priced at 320 pence apiece. Bank of America Corp. and Goldman Sachs Group Inc. are selling the shares, according to a statement. The sale has demand for all the shares on offer, terms of the deal showed.