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Soul Patts Increases Stake in LGI Limited

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Soul Patts Increases Stake in LGI Limited

Washington H. Soul Pattinson and Co. Ltd. ( (AU:SOL) ) has provided an update.

Washington H. Soul Pattinson and Co. Ltd. has increased its stake in LGI Limited, raising its voting power from 5.03% to 6.20% as of February 28, 2025. This change in substantial holding indicates a strategic move by Soul Patts to strengthen its influence within LGI Limited, potentially impacting its market positioning and stakeholder interests.

More about Washington H. Soul Pattinson and Co. Ltd.

Washington H. Soul Pattinson and Co. Ltd. (Soul Patts) is a diversified investment company with interests spanning various industries. The company primarily focuses on long-term investments across sectors such as telecommunications, building materials, resources, and financial services.

YTD Price Performance: 0.52%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $7.81B

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

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Questions or Comments about the article? Write to editor@tipranks.com
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