Macquarie Group (ASX: MQG) reshuffles resources bets as it builds stakes in Service Stream and Monadelphous, exits Sandfire Resources
Macquarie Group disclosed new substantial stakes in Service Stream and Monadelphous, while cutting its holding in Sandfire Resources below 5%. Service Stream’s filing shows Macquarie now controls 5.08% of its shares. Macquarie shares closed Thursday at $194.51, up 2.43%, recovering some ground after weaker half-year earnings earlier this month.
