Bank of America Takes Significant Stake in Pantoro

Pantoro Limited (AU:PNR) has released an update.

Bank of America Corporation has become a substantial holder in Pantoro Limited, acquiring a 5.36% voting power through various related bodies corporate, as disclosed in a recent notice. The entities involved, including Merrill Lynch and BofA Securities, have a range of relevant interests and registered holdings that provide them with control over voting and disposal of the securities. This strategic move may signal Bank of America’s confidence in Pantoro’s market potential and future growth.

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