tiprankstipranks
Bank of America Acquires Stake in Murray Cod
Company Announcements

Bank of America Acquires Stake in Murray Cod

Murray Cod Australia Limited (AU:MCA) has released an update.

Pick the best stocks and maximize your portfolio:

Bank of America Corporation has emerged as a substantial holder in Murray Cod Australia Limited, acquiring a 5.66% stake with over 59 million ordinary shares. The acquisition positions Bank of America and its related entities, including Merrill Lynch, as influential players with the power to control voting and disposal of shares. This move reflects Bank of America’s strategic interest in the Australian company as of June 24, 2024.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App