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TAL Acquires Substantial Shares in Challenger Limited

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TAL Acquires Substantial Shares in Challenger Limited

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Challenger ( (AU:CGF) ) has issued an announcement.

TAL Dai-ichi Life Australia Pty Ltd has entered into a conditional agreement to acquire 33,234,618 fully paid ordinary shares in Challenger Limited from AP Liberty GP, LLC. This acquisition represents a significant change in the substantial holdings of Challenger Limited, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.

More about Challenger

Average Trading Volume: 2,508,008

Technical Sentiment Signal: Buy

Current Market Cap: A$5.39B

Learn more about CGF stock on TipRanks’ Stock Analysis page.

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