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HUB24 Limited Acquires Substantial Stake in KKR Credit Income Fund

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KKR Credit Income fund Units ( (AU:KKC) ) has provided an update.

HUB24 Limited, through its subsidiaries, has become a substantial holder in KKR Credit Income Fund, acquiring a 5% voting power with 16,126,937 ordinary units. This acquisition indicates HUB24’s strategic interest in expanding its influence in the financial services sector, particularly in investment management, as it strengthens its market position by leveraging its subsidiaries’ managed account services.

More about KKR Credit Income fund Units

Average Trading Volume: 539,473

Technical Sentiment Signal: Strong Buy

For a thorough assessment of KKC stock, go to TipRanks’ Stock Analysis page.

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