Dropsuite ( (AU:DSE) ) just unveiled an announcement.
Mitsubishi UFJ Financial Group, Inc. has increased its voting power in Dropsuite Limited, a company involved in providing cloud-based backup solutions. The change in substantial holding reflects a rise in voting power from 6.51% to 7.51%, indicating a significant increase in Mitsubishi UFJ’s stake in Dropsuite. This adjustment in shareholding could potentially influence Dropsuite’s strategic decisions and impact its market positioning, given Mitsubishi UFJ’s substantial influence.
More about Dropsuite
Technical Sentiment Signal: Hold
Current Market Cap: $243.2M
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