LLC ASX: L1 Capital lifts stake in Lendlease as Allan Gray, HMC Capital lose hope

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https://www.afr.com/markets/equity-markets/l1-s-lendlease-stake-above-10pc-as-activist-investors-start-to-bow-out-20260826-p60rm8

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LLC ASX: L1 Capital lifts stake in Lendlease as Allan Gray, HMC Capital lose hope

High-profile activists including Allan Gray and Tanarra Capital have tried and failed to turn Lendlease around. Now L1 has emerged as the largest shareholder.

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LLC ASX: L1 Capital lifts stake in Lendlease as Allan Gray, HMC Capital lose hope