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Australian Retirement Trust Gains Key Stake in Cleanaway

Australian Retirement Trust Gains Key Stake in Cleanaway

Cleanaway Waste Management Ltd. (AU:CWY) has released an update.

Australian Retirement Trust Pty Ltd has emerged as a substantial stakeholder in Cleanaway Waste Management Ltd., securing a 5.001% interest through the acquisition of 111,498,386 fully paid ordinary shares. This position allows them to wield significant voting power, reflecting their ability to influence the company’s decisions as a trustee of a superannuation fund. The relevant financial details of the acquisition are outlined in Annexure A of the report.

For further insights into AU:CWY stock, check out TipRanks’ Stock Analysis page.

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