Cromwell Property Group (AU:CMW) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
A consortium has become a substantial holder in Cromwell Property Group, acquiring approximately 30.69% of the company’s shares through a proposed acquisition of ESR Group Limited, which has a substantial stake in Cromwell. This strategic move, executed on October 4, 2024, signifies a major shift in ownership and control, reflecting the consortium’s increased investment and interest in the property sector.
For further insights into AU:CMW stock, check out TipRanks’ Stock Analysis page.