Macquarie Group Takes Substantial Stake in Terracom
Company Announcements

Macquarie Group Takes Substantial Stake in Terracom

Macquarie Group Limited (AU:MQG) has released an update.

Macquarie Group Limited and its affiliated entities have become substantial holders in Terracom Limited as of September 5, 2024, with a total voting power of 5.15% across various classes of securities. The group has control over the voting and disposal rights of these shares through its investment management and trustee capacities within its corporate structure. This strategic move indicates Macquarie’s growing influence in the financial markets and its vested interest in the success of Terracom.

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

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