Platinum Asset Management Ltd (AU:PTM) has released an update.
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Regal Partners Limited has decided not to proceed with its acquisition of Platinum Asset Management after completing due diligence. Despite this, Regal remains committed to its growth strategy, focusing on expanding its presence as a leading provider of alternative investment strategies in Australia and Asia. Regal continues to explore both organic and inorganic growth opportunities.
For further insights into AU:PTM stock, check out TipRanks’ Stock Analysis page.
