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Mitsubishi UFJ Financial Group Gains Substantial Holding in Develop Global Limited

Story Highlights
  • Mitsubishi UFJ Financial Group, Inc. becomes a substantial holder in Develop Global Limited.
  • The increased voting power may influence Develop Global’s strategic decisions and market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Gains Substantial Holding in Develop Global Limited

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Develop Global Limited ( (AU:DVP) ) just unveiled an announcement.

Develop Global Limited has announced that Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in the company. Mitsubishi UFJ Financial Group, Inc. now holds a significant voting power in Develop Global Limited, which could influence the company’s strategic decisions and impact its market positioning. This development may have implications for stakeholders, as the increased voting power could affect future company policies and governance.

The most recent analyst rating on (AU:DVP) stock is a Buy with a A$4.70 price target. To see the full list of analyst forecasts on Develop Global Limited stock, see the AU:DVP Stock Forecast page.

More about Develop Global Limited

YTD Price Performance: 117.95%

Average Trading Volume: 1,436,440

Technical Sentiment Signal: Buy

Current Market Cap: A$1.47B

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

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