Institutional investors acquired 5% stake in Megaport Limited (ASX:MP1) from Digital Mp Llc for approximately AUD 100 million on June 17, 2020. Pursuant to the terms of the acquisition, Digital Mp Llc sold around 7.7 million shares in Megaport Limited for AUD 13.36 per share. As a result of the acquisition, stake of Digital Mp Llc in Megaport Limited has decreased to approximately 1.3% stake with around 2 million shares. Institutional investors completed the acquisition of 5% stake in Megaport Limited (ASX:MP1) from Digital Mp Llc on June 17, 2020.