Macquarie Group Acquires Stake in Lifestyle Communities
Company Announcements

Macquarie Group Acquires Stake in Lifestyle Communities

Lifestyle Communities Ltd (AU:LIC) has released an update.

Macquarie Group Limited has become a substantial holder in Lifestyle Communities Limited, acquiring a 5.75% voting power through various entities. The group gained control over voting and disposal rights of over 7 million shares, marking a significant financial move in the company’s shareholder structure. The detailed voting rights and relevant interests are dispersed among several Macquarie entities, each with a varying degree of control over the shares.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App