Ninety One (GB:N91) has released an update.
Investment firm Forty Two Point Two has significantly bolstered its stake in asset management company Ninety One, with its shareholding in Ninety One plc climbing to 31.0402%. This increase results in Forty Two Point Two holding a combined 26.7652% of both Ninety One plc and Ninety One Limited, as per the dual-listed company structure rules. The UK Takeover Panel has ruled that any considerations regarding mandatory offer thresholds will be based on a joint electorate basis.
For further insights into GB:N91 stock, check out TipRanks’ Stock Analysis page.
