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Bank of America Acquires Stake in Adherium Ltd
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Bank of America Acquires Stake in Adherium Ltd

Adherium Ltd. (AU:ADR) has released an update.

Bank of America Corporation has emerged as a substantial holder in Adherium Limited, with a 5.59% voting power through 21,810,757 ordinary shares. This position, achieved on May 6, 2024, is primarily due to the control over voting and disposal of shares held by Merrill Lynch (Australia) Futures Limited and Merrill Lynch Markets (Australia) Pty. Limited.

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

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