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Ariadne Australia Increases Stake in Webjet Group

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Ariadne Australia Increases Stake in Webjet Group

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Ariadne Australia Limited ( (AU:ARA) ) has provided an announcement.

Ariadne Australia Limited, through its subsidiary Portfolio Services Pty Ltd, has increased its voting power in Webjet Group Limited from 10.76% to 14.93%. This change was facilitated by acquiring additional shares through a cooperation agreement with Oceania Equity Investments Pty Ltd, indicating a strategic move to strengthen its influence within Webjet.

More about Ariadne Australia Limited

Average Trading Volume: 28,553

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$91.62M

See more insights into ARA stock on TipRanks’ Stock Analysis page.

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