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Chorus Limited Sees Significant Stake Acquisition by Major Financial Groups

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Chorus Limited ( (CHRUF) ) just unveiled an update.

Chorus Limited has announced a substantial holding disclosure involving Mitsubishi UFJ Financial Group, Inc., First Sentier Investors RQI Pty Ltd, and First Sentier Investors (Australia) IM Ltd. The disclosure indicates that these entities collectively hold a 5.011% stake in Chorus Limited’s ordinary shares, marking a significant investment in the company. This development could influence Chorus Limited’s market positioning and stakeholder interests, as the involvement of such prominent financial groups may impact strategic decisions and shareholder dynamics.

More about Chorus Limited

YTD Price Performance: -5.25%

Technical Sentiment Signal: Hold

Current Market Cap: $1.97B

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

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