UBS Group AG Acquires Over 5% of Smurfit Kappa

Smurfit Kappa (GB:SKG) has released an update.

Smurfit Kappa Group PLC has been notified of a major shareholding change, with UBS Group AG crossing the 5% threshold of voting rights through an acquisition of shares and financial instruments. As of June 21, 2024, UBS Group AG directly and indirectly holds a total of 5.16% of the voting rights, signaling a significant investment movement by the Switzerland-based banking giant.

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