Korvest Ltd. (AU:KOV) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Commonwealth Bank of Australia (CBA) and its associated entities have ceased to be substantial holders in Korvest Ltd., as of May 16, 2024. This marks a significant change in the company’s investor profile since CBA’s last notice in 2016. The divestment follows CBA’s sale of a 55% stake in Colonial First State to KKR, altering the association landscape within the organization.
For further insights into AU:KOV stock, check out TipRanks’ Stock Analysis page.