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UBS Group AG Acquires Substantial Stake in SG Fleet Group Ltd.
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UBS Group AG Acquires Substantial Stake in SG Fleet Group Ltd.

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Invest with Confidence:

SG Fleet Group Ltd. ( (AU:SGF) ) just unveiled an update.

SG Fleet Group Ltd. has announced that UBS Group AG and its related corporate entities have acquired a substantial holding in the company, reaching a voting power of 5.11% as of January 22, 2025. This acquisition involves multiple entities under UBS, including UBS AG London Branch and UBS Securities Australia Ltd, who now have significant influence over SG Fleet’s shares through various stock borrowing and lending activities, potentially impacting the company’s governance and strategic decisions.

More about SG Fleet Group Ltd.

YTD Price Performance: 1.17%

Average Trading Volume: 1,107,220

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.18B

For detailed information about SGF stock, go to TipRanks’ Stock Analysis page.

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