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JPMorgan Acquires Significant Stake in SATS ASA

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JPMorgan Acquires Significant Stake in SATS ASA

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SATS ASA ( (DE:2S0) ) has shared an announcement.

JPMorgan Asset Management Holdings Inc. has acquired a significant stake in SATS ASA, a company with a focus on providing fitness and wellness services, by surpassing the 5% threshold of the company’s issued share capital and voting rights. This acquisition highlights JPMorgan’s strategic interest in SATS ASA, potentially impacting the company’s market positioning and signaling confidence in its future growth prospects.

The most recent analyst rating on (DE:2S0) stock is a Buy with a NOK42.00 price target. To see the full list of analyst forecasts on SATS ASA stock, see the DE:2S0 Stock Forecast page.

More about SATS ASA

Average Trading Volume: 341,430

Current Market Cap: NOK7.49B

For a thorough assessment of 2S0 stock, go to TipRanks’ Stock Analysis page.

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