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Perpetual Limited Acquires Substantial Holding in Downer EDI Limited

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Perpetual Limited Acquires Substantial Holding in Downer EDI Limited

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Downer EDI Limited ( (AU:DOW) ) has shared an update.

Perpetual Limited and its related bodies have become substantial holders in Downer EDI Limited, with a voting power of 5.537% as of February 7, 2025. This development signifies a strengthened position of Perpetual Limited in Downer’s shareholding structure, potentially influencing the company’s strategic decisions and operational directions, which could have implications for stakeholders and the broader market.

More about Downer EDI Limited

Downer EDI Limited is a prominent company in the engineering and infrastructure management services industry. It offers a wide range of services, including integrated facilities management, transport solutions, and infrastructure projects, focusing on delivering sustainable and innovative solutions for its clients in various sectors.

YTD Price Performance: 7.69%

Average Trading Volume: 719

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2.31B

See more insights into DOW stock on TipRanks’ Stock Analysis page.

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