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Amari Metals Acquires Majority Stake in Metro Performance Glass

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Amari Metals Acquires Majority Stake in Metro Performance Glass

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An announcement from Metro Performance Glass Ltd ( (AU:MPP) ) is now available.

Amari Metals Australia Pty Ltd has acquired a substantial holding in Metro Performance Glass Ltd, now owning 51% of the ordinary shares. This acquisition, achieved through a top-up placement, positions Amari as a significant stakeholder, potentially influencing MPG’s strategic direction and market positioning.

More about Metro Performance Glass Ltd

Metro Performance Glass Ltd operates in the glass industry, providing glass products and services. The company focuses on delivering high-performance glass solutions for various applications, primarily in the construction and building sectors.

Average Trading Volume: 138,400

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$18.9M

Find detailed analytics on MPP stock on TipRanks’ Stock Analysis page.

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