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Mitsubishi UFJ Financial Group Acquires Substantial Holding in IDP Education

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Mitsubishi UFJ Financial Group Acquires Substantial Holding in IDP Education

Confident Investing Starts Here:

The latest announcement is out from IDP Education Ltd. ( (AU:IEL) ).

Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in IDP Education Limited, acquiring a significant voting power of 5.01% through various fully paid ordinary shares. This development indicates a strategic investment move by Mitsubishi UFJ Financial Group, potentially impacting IDP Education’s shareholder dynamics and market positioning.

The most recent analyst rating on (AU:IEL) stock is a Buy with a A$6.40 price target. To see the full list of analyst forecasts on IDP Education Ltd. stock, see the AU:IEL Stock Forecast page.

More about IDP Education Ltd.

Average Trading Volume: 3,117,246

Technical Sentiment Signal: Sell

Current Market Cap: A$1.05B

Find detailed analytics on IEL stock on TipRanks’ Stock Analysis page.

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