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Mitsubishi UFJ Financial Group Increases Stake in IDP Education Ltd.

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Mitsubishi UFJ Financial Group Increases Stake in IDP Education Ltd.

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IDP Education Ltd. ( (AU:IEL) ) has provided an update.

Mitsubishi UFJ Financial Group, Inc. has increased its relevant interest in IDP Education Ltd., reflecting a change in the voting power from 5.01% to 6.18%. This adjustment in shareholding indicates a strategic move by Mitsubishi UFJ Financial Group to strengthen its influence within IDP Education Ltd., potentially impacting the company’s governance and future strategic decisions.

The most recent analyst rating on (AU:IEL) stock is a Buy with a A$16.00 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: 3,285,396

Technical Sentiment Signal: Sell

Current Market Cap: A$998.6M

For a thorough assessment of IEL stock, go to TipRanks’ Stock Analysis page.

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