Korvest Ltd. (AU:KOV) has released an update.
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.
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