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Tanarra Capital Increases Stake in Insignia Financial Ltd

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Insignia Financial Ltd ( (AU:IFL) ) has issued an announcement.

Tanarra Capital Australia Pty Ltd, along with its associated entities, has increased its substantial holding in Insignia Financial Ltd, raising its voting power from 14.45% to 15.76%. This change reflects a series of acquisitions on the Australian Securities Exchange, indicating Tanarra’s strategic interest in strengthening its influence within Insignia Financial Ltd, potentially impacting the company’s governance and strategic direction.

More about Insignia Financial Ltd

Insignia Financial Ltd operates in the financial services industry, focusing on providing a range of financial products and services. The company is involved in asset management, financial planning, and investment solutions, catering to a diverse clientele seeking financial growth and security.

YTD Price Performance: 20.59%

Technical Sentiment Signal: Sell

Current Market Cap: $1.58B

For detailed information about IFL stock, go to TipRanks’ Stock Analysis page.

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