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Saba Capital Ceases Substantial Holding in VGI Partners

Story Highlights
  • Saba Capital Management and associated entities ceased being substantial holders in VGI Partners.
  • The change was due to on-market dispositions, impacting VGI’s market positioning and stakeholders.
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Saba Capital Ceases Substantial Holding in VGI Partners

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VGI Partners Global Investments Ltd. ( (AU:VG1) ) has provided an update.

VGI Partners Global Investments Ltd. announced that Saba Capital Management GP, LLC and its associated entities have ceased to be substantial holders in the company as of February 25, 2025. This change in substantial holding was due to a series of on-market dispositions of voting securities by various funds and entities associated with Saba Capital, impacting a significant number of shares. The announcement reflects a shift in the investment landscape for VGI Partners Global Investments Ltd., potentially affecting its market positioning and stakeholder interests.

More about VGI Partners Global Investments Ltd.

YTD Price Performance: 6.86%

Average Trading Volume: 2

Technical Sentiment Consensus Rating: Sell

See more insights into VG1 stock on TipRanks’ Stock Analysis page.

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