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IDP Education Ltd. ( (AU:IEL) ) has issued an announcement.
IDP Education Ltd. has announced that Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the company. This change follows a series of transactions where entities controlled by First Sentier Group Limited and Morgan Stanley purchased a significant number of fully paid ordinary shares from Mitsubishi UFJ Financial Group, Inc. This development may impact IDP Education Ltd.’s shareholder structure and could influence future strategic decisions.
The most recent analyst rating on (AU:IEL) stock is a Sell with a A$4.50 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: 3,237,708
Technical Sentiment Signal: Sell
Current Market Cap: A$1.8B
For an in-depth examination of IEL stock, go to TipRanks’ Overview page.