Deutsche Bank Ceases Major Stake in Latin Resources
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Deutsche Bank Ceases Major Stake in Latin Resources

Latin Resources Limited (AU:LRS) has released an update.

Deutsche Bank AG has announced that as of September 19, 2024, it is no longer a substantial holder in Latin Resources Limited. This shift in holding is due to DWS Investment GmbH, part of the Deutsche Bank Group, acquiring and then returning a significant number of shares as collateral in agreements with various counterparties. The transactions involved over 10 million shares acquired and more than 45 million shares returned.

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

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