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Goldman Sachs Modifies Stake in Borr Drilling

Borr Drilling (BORR) has released an update.

Goldman Sachs Group, Inc. adjusts its stake in Borr Drilling Limited, resulting in a new combined total voting rights position of 5.27%. The change reflects both a marginal decrease in direct voting rights to 0.26% and an acquisition of additional financial instruments leading to an indirect voting rights increase to 5.01%. This financial move crossed the threshold on March 10, 2024, indicating a strategic adjustment in Goldman Sachs’ investment in Borr Drilling.

For further insights into BORR stock, check out TipRanks’ Stock Analysis page.

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