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Macquarie Group Limited ( (AU:MQG) ) has issued an announcement.
Macquarie Group Limited has become a substantial holder in Karoon Energy Ltd, with a voting power of 5.01%. The acquisition is managed through its various subsidiaries, including Macquarie Investment Services Limited and Macquarie Investment Management Limited, which collectively manage and control a significant number of securities in Karoon Energy Ltd. This move could strengthen Macquarie’s influence and decision-making power within Karoon Energy, potentially impacting the strategic direction and operations of Karoon in the energy sector.
More about Macquarie Group Limited
YTD Price Performance: 5.95%
Average Trading Volume: 344
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $52.53B
For a thorough assessment of MQG stock, go to TipRanks’ Stock Analysis page.
