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MUFG Acquires Substantial Interest in DroneShield Limited

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MUFG Acquires Substantial Interest in DroneShield Limited

Confident Investing Starts Here:

The latest update is out from DroneShield Limited ( (AU:DRO) ).

Mitsubishi UFJ Financial Group (MUFG) has informed First Sentier Investors Holdings Pty Limited that it holds a substantial interest in DroneShield Limited through its subsidiary, First Sentier Investors. This announcement highlights MUFG’s strategic investment in DroneShield, potentially impacting the company’s market dynamics and stakeholder interests by increasing its voting power and influence within the company.

The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.

More about DroneShield Limited

Average Trading Volume: 12,485,016

Technical Sentiment Signal: Buy

Current Market Cap: A$1.87B

See more data about DRO stock on TipRanks’ Stock Analysis page.

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