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Breville Group Sees New Major Shareholder in First Sentier Investors

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Breville Group Sees New Major Shareholder in First Sentier Investors

Breville Group Limited ( (AU:BRG) ) just unveiled an update.

Breville Group Limited has announced the acquisition of a substantial holding by First Sentier Investors Holdings Pty Limited, a subsidiary of the Mitsubishi UFJ Financial Group. This development indicates a significant voting power shift within Breville Group, as First Sentier Investors now holds a considerable number of fully paid ordinary shares. This change in substantial holding could impact Breville’s strategic decisions and influence its market positioning, given the involvement of a prominent financial entity like Mitsubishi UFJ Financial Group.

More about Breville Group Limited

YTD Price Performance: 5.88%

Average Trading Volume: 1,525

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $3.38B

See more data about BRG stock on TipRanks’ Stock Analysis page.

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