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KKR Entities Acquire Substantial Stake in Charter Hall Group

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KKR Entities Acquire Substantial Stake in Charter Hall Group

Charter Hall Group ( (AU:CHC) ) has shared an update.

Charter Hall Group has announced that Comet Asia Holdings II Pte. Ltd., Comet Asia Holdings I Pte. Ltd., KKR Asia III Fund Investments Pte. Ltd., and KKR Asian Fund III L.P. have become substantial holders in the company. These entities collectively hold a 5.01% voting power in Charter Hall Group, which reflects a significant investment and interest in the company’s operations. This development could potentially influence Charter Hall Group’s strategic decisions and market positioning, given the substantial stake acquired by these KKR entities.

More about Charter Hall Group

YTD Price Performance: 3.52%

Average Trading Volume: 1,513

Technical Sentiment Signal: Sell

Current Market Cap: $4.27B

Learn more about CHC stock on TipRanks’ Stock Analysis page.

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