Superloop Ltd. (AU:SLC) has released an update.
JPMorgan Chase & Co. and its affiliates have emerged as a substantial holder in Superloop Ltd, with a 5.96% stake comprising nearly 30 million ordinary shares. The financial giant’s various entities have acquired these shares through a mix of securities on loan, sales, and purchases, indicating a significant move in the company’s ownership structure. As the considerable shareholder, JPMorgan’s investment could signal a strategic interest in the telecommunications infrastructure company.
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