Palace Capital (GB:PCA) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Palace Capital PLC has announced that Peter Gyllenhammar AB has increased its stake in the company, crossing the 15% threshold of voting rights. This acquisition reflects a rise from the previous holding of 14.02%, signaling a growing influence of the Swedish shareholder. Investors might find this a noteworthy development as it could affect the company’s strategic decisions.
For further insights into GB:PCA stock, check out TipRanks’ Stock Analysis page.