Endeavour Group Ltd (AU:EDV) has released an update.
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Goldman Sachs Australia Pty Ltd (GSA) has acquired a substantial stake in Endeavour Group Limited, securing a 5.12% shareholding through a sale agreement with Woolworths Group Limited. The transaction, involving over 73 million shares, aligns with GSA’s ordinary sales and trading activities and follows the regulations of the Corporations Act 2001. This strategic move by Goldman Sachs could indicate significant confidence in the trajectory of Endeavour Group Limited.
For further insights into AU:EDV stock, check out TipRanks’ Stock Analysis page.