Soul Patts Acquires Major Stake in AMA Group
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Soul Patts Acquires Major Stake in AMA Group

Washington H. Soul Pattinson and Co. Ltd. (AU:SOL) has released an update.

Washington H. Soul Pattinson and Co. Ltd. (Soul Patts) has become a substantial holder in AMA GROUP LIMITED, securing a 5.54% stake with 210,864,750 ordinary fully paid shares. The significant acquisition was solidified on 26th July 2024, marking a notable change in the company’s shareholder profile. This move could signal strategic positioning by Soul Patts within the automotive services market, as investors and market watchers anticipate the impact on AMA’s business trajectory.

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

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