Mitsubishi UFJ Becomes Major Perenti Stakeholder
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Mitsubishi UFJ Becomes Major Perenti Stakeholder

Perenti Global (AU:PRN) has released an update.

Mitsubishi UFJ Financial Group, Inc. has emerged as a substantial holder in Perenti Global, with a reported voting power exceeding 20% in several entities, including Morgan Stanley and First Sentier Investors Holdings Pty Limited. The acquisition includes a diverse portfolio of fully paid ordinary shares, totaling over 47 million shares, equating to a 5.02% voting power. The details, filed on 2 September 2024, underline Mitsubishi UFJ’s increasing influence in the financial sector.

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