Apollo Entities Exit Lynas Rare Earths Holdings

Lynas Rare Earths Limited (AU:LYC) has released an update.

Apollo Global Management, Inc. and its associated entities have ceased to be substantial holders in Lynas Rare Earths Ltd, relinquishing their interest in 67,242,613 ordinary shares. The change occurred on September 5, 2024, with the settlement date on September 9, 2024. No consideration was given for this change, marking a significant shift in the company’s shareholder composition.

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