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Mitsubishi UFJ Financial Group Acquires Substantial Holding in Mayne Pharma

Story Highlights
  • Mitsubishi UFJ Financial Group has acquired a substantial holding in Mayne Pharma.
  • This acquisition grants significant voting power and influence over Mayne Pharma’s operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Acquires Substantial Holding in Mayne Pharma

Confident Investing Starts Here:

An update from Mayne Pharma Group ( (AU:MYX) ) is now available.

Mitsubishi UFJ Financial Group, through its subsidiary First Sentier Investors Holdings Pty Limited, has acquired a substantial holding in Mayne Pharma Group Ltd. This acquisition grants them significant voting power and influence over the company’s operations, reflecting a strategic investment move that could impact Mayne Pharma’s market positioning and stakeholder interests.

The most recent analyst rating on (AU:MYX) stock is a Buy with a A$7.09 price target. To see the full list of analyst forecasts on Mayne Pharma Group stock, see the AU:MYX Stock Forecast page.

More about Mayne Pharma Group

Average Trading Volume: 936,280

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$407.9M

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

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