FleetPartners Group Says Mitsubishi Motors Lifts Stake

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FleetPartners Group (ASX:FPR) confirms that Mitsubishi Motors (MMC) has raised its shareholding in the company to 19.93% by acquiring shares at AU$3.10 each, according to a Thursday filing with the Australian bourse.

MMC clarified that despite increasing its stake, it currently has no plans to gain control of the company or initiate a takeover bid, the filing said.

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