Steadfast Group Limited (AU:SDF) has released an update.
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Commonwealth Bank of Australia (CBA) and its related entities have emerged as a substantial holder in Steadfast Group Limited, with a total voting power of 5.14%. The relevant interest in Steadfast’s voting shares comes through various capacities including as superannuation trustee, investment manager, and proprietary interests. CBA’s acquisition reflects a strategic interest in Steadfast with over 56 million shares providing a significant influence in the company’s future.
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