Challenger and Apollo’s Substantial Stake in Environmental Group

Environmental Group Limited (AU:EGL) has released an update.

Challenger Limited and its associated entities, along with Apollo Global Management, Inc., have become substantial holders in Environmental Group Ltd, acquiring a significant stake through market purchases. These transactions, in line with the Corporations Act 2001, mark a notable change in the company’s ownership structure. The details of the voting power and relevant interests were disclosed in accordance with regulatory requirements, highlighting the evolving landscape of corporate investments.

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