Magellan Financial Group Acquires 5% of Ampol Limited

Ampol Limited (AU:ALD) has released an update.

Magellan Financial Group Ltd has become a substantial holder in Ampol Limited, acquiring a 5% stake with 11,935,635 ordinary fully paid shares. The acquisition, which positions Magellan as a key investor in the company, was officially completed on September 20, 2024. The details of the transaction, including the consideration paid, are outlined in the provided annexures.

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