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Perpetual Limited Acquires Major Stake in Myer Holdings
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Perpetual Limited Acquires Major Stake in Myer Holdings

Perpetual Limited (AU:PPT) has released an update.

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Perpetual Limited has emerged as a substantial shareholder in retail giant Myer Holdings Limited, with a 5.187% voting power through 43,444,082 ordinary shares. The significant investment was officially reported on September 26, 2024, marking a notable change in Myer’s shareholding structure. Perpetual Limited’s move is an important development for investors following the retail sector’s financial dynamics.

For further insights into AU:PPT stock, check out TipRanks’ Stock Analysis page.

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