Bank of America Acquires Stake in Medical Developments Intl
Company Announcements

Bank of America Acquires Stake in Medical Developments Intl

Medical Developments International Limited (AU:MVP) has released an update.

Bank of America Corporation has emerged as a substantial holder in Medical Developments International Ltd, with a 5.11% voting power through 5,341,096 ordinary shares as of August 7, 2024. The acquisition includes shares controlled by Merrill Lynch (Australia) Futures Limited and Merrill Lynch Markets (Australia) Pty. Limited, highlighting Bank of America’s strategic positioning in the medical sector.

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

Related Articles
TipRanks Australian Auto-Generated NewsdeskMedical Developments’ Hybrid AGM Scheduled for October
TipRanks Australian Auto-Generated NewsdeskMedical Developments Eyes Growth in FY25
TipRanks Australian Auto-Generated NewsdeskMDI Strengthens Governance and Board Expertise
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App