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NZ Superannuation Fund Acquires Stake in SKY TV
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NZ Superannuation Fund Acquires Stake in SKY TV

SKY Network Television (SYKWF) has released an update.

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The New Zealand Superannuation Fund (NZSF) has become a significant shareholder in SKY Network Television Limited (SKT), acquiring a 5.216% stake through the purchase of 7,181,529 ordinary shares. This move, involving transactions between February and June 2024 with a total investment of NZD 4.6 million, reflects NZSF’s growing interest in the media company. The Fund’s beneficial ownership and voting rights have further solidified its position in New Zealand’s investment landscape.

For further insights into SYKWF stock, check out TipRanks’ Stock Analysis page.

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