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Goldman Sachs Surpasses 10% Stake in Smurfit Kappa

Goldman Sachs Surpasses 10% Stake in Smurfit Kappa

Smurfit Kappa (GB:SKG) has released an update.

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Goldman Sachs Group, Inc. has crossed the 10% threshold for voting rights in Smurfit Kappa Group PLC, with a new total of 10.02%, signaling a significant acquisition of both direct and indirect holdings. This notable change occurred on June 26, 2024, and was officially notified two days later, highlighting a strategic move by the investment giant in the paper packaging industry leader.

For further insights into GB:SKG stock, check out TipRanks’ Stock Analysis page.

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