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An announcement from Challenger ( (AU:CGF) ) is now available.
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 increases TAL’s voting power in Challenger to 19.90%, potentially enhancing its influence and strategic positioning within the company.
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: 2,519,984
Technical Sentiment Signal: Buy
Current Market Cap: A$5.4B
Learn more about CGF stock on TipRanks’ Stock Analysis page.