Platinum Asset Management Ltd (AU:PTM) has released an update.
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Regal Partners Limited has acknowledged ongoing discussions with Platinum Asset Management regarding a potential transaction, following recent media speculation and an announcement by Platinum. Although the talks are still in the early stages and there’s no assurance they will result in a deal, Regal is exploring this as part of a strategic evaluation of growth opportunities. Regal is committed to keeping shareholders informed in compliance with disclosure obligations.
For further insights into AU:PTM stock, check out TipRanks’ Stock Analysis page.