Namoi Cotton Ltd (AU:NAM) has released an update.
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Louis Dreyfus Company Melbourne Holdings Pty Ltd (LDC Group) has increased its substantial holding in Namoi Cotton Limited, with its voting power now standing at 89.78%. The change in shareholding comes after LDC Group acquired additional shares through a takeover offer and on-market transactions. This strategic move signifies a notable shift in the company’s share distribution and suggests potential future impacts on Namoi Cotton’s operations and governance.
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