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UBS Acquires Substantial Holding in Vista Group

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UBS Acquires Substantial Holding in Vista Group

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The latest announcement is out from Vista Group International Ltd ( (AU:VGL) ).

Vista Group International Ltd has disclosed that UBS Group AG and its related bodies corporate have acquired a substantial holding in the company, totaling 5.51% of the ordinary shares. This acquisition indicates a significant interest by UBS in Vista Group, potentially impacting the company’s market dynamics and signaling confidence in its future prospects.

The most recent analyst rating on (AU:VGL) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Vista Group International Ltd stock, see the AU:VGL Stock Forecast page.

More about Vista Group International Ltd

Average Trading Volume: 37,051

Technical Sentiment Signal: Hold

Current Market Cap: A$665.8M

For a thorough assessment of VGL stock, go to TipRanks’ Stock Analysis page.

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