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Macquarie Group Acquires Stake in Empire Energy

Macquarie Group Acquires Stake in Empire Energy

Macquarie Group Limited (AU:MQG) has released an update.

Macquarie Group Limited has become a substantial holder in Empire Energy Group Limited, acquiring a significant voting power of 7.57%. This strategic move involves various controlled entities and investment management arms of the Macquarie Group, with a total of 76,995,360 votes now under their control. The company’s acquisition includes shares managed by Macquarie Bank Limited and Macquarie Investment Management, signifying a notable transaction in the financial landscape.

For further insights into AU:MQG stock, check out TipRanks’ Stock Analysis page.

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