NIB Holdings Ltd (AU:NHF) has released an update.
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NIB Holdings Ltd has announced a new substantial holder, with State Street Corporation and its subsidiaries, including State Street Global Advisors and State Street Bank and Trust Company, declaring a relevant interest in 24,435,643 ordinary shares. This change in the company’s ownership structure signifies a shift in voting power, potentially impacting NIB Holdings’ strategic direction and stock performance.
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