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Corvex Management’s Voting Rights in Entain PLC Reach 5.32%

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Corvex Management’s Voting Rights in Entain PLC Reach 5.32%

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Entain plc ( (GB:ENT) ) just unveiled an update.

Corvex Management LP, an investment adviser registered with the US Securities and Exchange Commission, has notified Entain PLC about a change in major holdings. The notification reveals that Corvex Management holds a total of 5.3249% of voting rights in Entain, combining direct shares and financial instruments. This development may influence Entain’s decision-making processes and strategic direction given Corvex’s considerable voting power.

More about Entain plc

Entain PLC is a company operating within the gaming and sports betting industry, primarily offering online and retail gaming services. It focuses on providing innovative and engaging entertainment experiences across various global markets.

YTD Price Performance: 1.46%

Average Trading Volume: 2,172,004

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £4.46B

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

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