Bapcor Ltd (AU:BAP) has released an update.
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Tanarra Capital Australia Pty Ltd has emerged as a substantial shareholder in Bapcor Limited, acquiring a 6.45% stake with 21,888,461 ordinary shares. The acquisition positions Tanarra among the leading voices in Bapcor’s financial decisions, reflecting a strategic move in the automotive parts and accessories sector. Details of the acquisition reveal the shares are registered with major nominee companies and were acquired prior to Tanarra becoming a substantial holder.
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