Shares of NRW Holdings Rise After Macquarie Group Becomes Substantial Holder

MT Newswires Live

11/06

Shares of NRW Holdings (ASX:NWH) rose around 2% in recent Thursday trade after it said in a late Wednesday Australian bourse filing that Macquarie Group (ASX:MQG) and its controlled entities became a substantial holder of the company on Oct. 31.

The Macquarie Group owns 23 million shares in the company, representing a 5% total voting power, the filing said.

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