Pinnacle Investment Management Group Limited (AU:PNI) has released an update.
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Pinnacle Investment Management Group Limited is set to expand its portfolio with key investments in VSS Capital Partners and Pacific Asset Management. The company plans to acquire a significant stake in both firms, alongside launching an equity raising initiative through a share placement and purchase plan. This strategic move underscores Pinnacle’s commitment to broadening its investment reach and enhancing shareholder value.
For further insights into AU:PNI stock, check out TipRanks’ Stock Analysis page.