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MUFG Acquires Substantial Holding in Healius Limited

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MUFG Acquires Substantial Holding in Healius Limited

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The latest update is out from Healius Limited ( (AU:HLS) ).

Mitsubishi UFJ Financial Group (MUFG) has announced a substantial holding in Healius Limited, with First Sentier Investors Holdings Pty Limited and its subsidiaries having significant voting power in the company. This development indicates a strategic interest by MUFG in Healius, potentially impacting the company’s governance and strategic direction, as well as influencing its market positioning.

The most recent analyst rating on (AU:HLS) stock is a Hold with a A$1.65 price target. To see the full list of analyst forecasts on Healius Limited stock, see the AU:HLS Stock Forecast page.

More about Healius Limited

Average Trading Volume: 5,235,034

Technical Sentiment Signal: Sell

Current Market Cap: A$548.2M

For an in-depth examination of HLS stock, go to TipRanks’ Overview page.

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