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Macquarie Group Increases Stake in Zip Co Limited

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Macquarie Group Increases Stake in Zip Co Limited

An update from Macquarie Group Limited ( (AU:MQG) ) is now available.

Macquarie Group Limited has become a substantial holder in Zip Co Limited, acquiring significant voting power through various controlled entities. This strategic move enhances Macquarie’s influence over Zip Co’s corporate decisions, potentially impacting the company’s operational direction and market strategy.

More about Macquarie Group Limited

Macquarie Group Limited is a global financial services company that operates in various sectors, including banking, financial, advisory, investment, and funds management services. The company serves a diverse range of clients, including corporations, government entities, and institutional investors, focusing on delivering innovative solutions across markets.

YTD Price Performance: 5.44%

Average Trading Volume: 317

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $53.1B

For an in-depth examination of MQG stock, go to TipRanks’ Stock Analysis page.

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