Allan Gray Australia Ends Major Stake in Southern Cross Media
Company Announcements

Allan Gray Australia Ends Major Stake in Southern Cross Media

Southern Cross Media Group Limited (AU:SXL) has released an update.

Allan Gray Australia Pty Ltd has ceased to be a substantial holder in Southern Cross Media Group Limited as of June 3, 2024. The investment management firm had previously notified the company on May 22, 2024, about its substantial holding, but recent undisclosed changes have led to the alteration of their investment status. No further details regarding the nature of the changes or the specifics of the transactions have been provided in the announcement.

For further insights into AU:SXL stock, check out TipRanks’ Stock Analysis page.

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