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Macquarie Group Secures Substantial Holding in Karoon Energy

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Macquarie Group Secures Substantial Holding in Karoon Energy

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The latest announcement is out from Macquarie Group Limited ( (AU:MQG) ).

Macquarie Group Limited, a global financial services company, has become a substantial holder in Karoon Energy Ltd, with a 5.01% voting power. This acquisition involves several of Macquarie’s controlled entities, highlighting their strategic interest in the energy sector by increasing their control over Karoon’s voting securities.

More about Macquarie Group Limited

YTD Price Performance: 4.18%

Average Trading Volume: 344

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $52.73B

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

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