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Mitsubishi UFJ Financial Group Acquires Significant Stake in Platinum Asset Management

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The latest update is out from Platinum Asset Management Ltd ( (AU:PTM) ).

Platinum Asset Management Ltd has disclosed a significant holding by Mitsubishi UFJ Financial Group, Inc., which now holds a 5.05% voting power in the company. This announcement highlights Mitsubishi UFJ Financial Group’s substantial interest in Platinum Asset Management, potentially impacting the company’s governance and strategic direction.

More about Platinum Asset Management Ltd

YTD Price Performance: -20.0%

Average Trading Volume: 14,750

Technical Sentiment Signal: Strong Buy

Current Market Cap: €206.8M

See more insights into PTM stock on TipRanks’ Stock Analysis page.

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