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Infratil Limited ( (IFUUF) ) has provided an announcement.
Infratil Limited disclosed a significant acquisition of ordinary shares by Paul Joseph Charles Newfield, a director and CEO of Morrison, through Pekara Pty Ltd as trustee for the Podgora Trust. This acquisition, involving multiple transactions, reflects a strategic move to consolidate control over voting rights in the company, potentially impacting its governance and strategic direction.
More about Infratil Limited
Infratil Limited is a company operating in the infrastructure investment industry, focusing on acquiring and managing infrastructure assets. Its primary services include investing in energy, transport, data and connectivity, and social infrastructure sectors, aiming to deliver sustainable returns to its stakeholders.
YTD Price Performance: 58.93%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.65B
For an in-depth examination of IFUUF stock, go to TipRanks’ Stock Analysis page.