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L1 Group Limited Announces Merger Completion with Platinum Asset Management

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L1 Group Limited Announces Merger Completion with Platinum Asset Management

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An update from Platinum Asset Management Ltd ( (AU:L1G) ) is now available.

L1 Group Limited has announced an investor briefing following the completion of a merger between First Maven Pty Limited (L1 Capital) and Platinum Asset Management Limited, effective from October 1, 2025. This merger is expected to significantly impact L1 Group’s market positioning, potentially enhancing its operational capabilities and offering new opportunities for stakeholders.

The most recent analyst rating on (AU:L1G) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.

More about Platinum Asset Management Ltd

Average Trading Volume: 2,890,449

Technical Sentiment Signal: Buy

Current Market Cap: A$2.3B

See more insights into L1G stock on TipRanks’ Stock Analysis page.

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