Big investor ups Cape Lambert stake

INVESTMENT management giant Capital Group Companies has increased its stake in Tony Sage’s Cape Lambert Resources to 8.1%.

Big investor ups Cape Lambert stake Big investor ups Cape Lambert stake Big investor ups Cape Lambert stake Big investor ups Cape Lambert stake Big investor ups Cape Lambert stake

CGC has effectively doubled its stake in Cape Lambert, having previously held around 4% in the company.

The investment management company acquired 31.36 million shares at an average price of 42.

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