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Capital Group Ups Stake in Melrose Industries

Melrose (GB:MRO) has released an update.

Melrose Industries PLC has announced that The Capital Group Companies, Inc. has increased its voting rights in the company, reaching a total of 21.015269% on September 30, 2024. This change in shareholding represents a significant move by the investment firm, which manages assets through its various divisions and serves a wide range of clients, but does not own shares for its own account.

For further insights into GB:MRO stock, check out TipRanks’ Stock Analysis page.

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