Superloop Ltd. (AU:SLC) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Superloop Ltd. has resolved its legal proceedings with Aussie Broadband, which had challenged Superloop’s directive to reduce its shareholding. The case has been dismissed with ABB agreeing to cover certain costs incurred by Superloop. This resolution follows ABB’s acquisition of a significant stake in Superloop earlier this year.
For further insights into AU:SLC stock, check out TipRanks’ Stock Analysis page.