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Macquarie Group Becomes Substantial Holder in Perpetual Limited

Story Highlights
  • Macquarie Group Limited has acquired substantial voting shares in Perpetual Limited.
  • This acquisition indicates Macquarie’s increased influence and potential strategic interest in Perpetual.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Macquarie Group Becomes Substantial Holder in Perpetual Limited

An announcement from Perpetual Limited ( (AU:PPT) ) is now available.

Macquarie Group Limited has become a substantial holder in Perpetual Limited, a company involved in financial services. The acquisition involves a significant number of voting shares, indicating Macquarie’s increased influence and potential strategic interest in Perpetual Limited. This move could impact Perpetual’s market positioning and stakeholder dynamics, given Macquarie’s substantial voting power and control over securities.

More about Perpetual Limited

YTD Price Performance: 3.42%

Average Trading Volume: 276

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €1.35B

Learn more about PPT stock on TipRanks’ Stock Analysis page.

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