Nine Entertainment Co. Holdings Limited (AU:NEC) has released an update.
Macquarie Group Limited, along with its associated entities, has reported a change in its substantial holding in Nine Entertainment Co., increasing its voting power from 9.74% to 10.86%. The update, dated 19 June 2024, signifies Macquarie Group’s growing influence in the media company, as detailed in their latest filing. This shift indicates Macquarie’s enhanced control over Nine Entertainment’s votes and decisions, reflecting a significant move in the financial market.
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