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Principal Global Investors Acquires Significant Stake in Entain PLC

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Principal Global Investors Acquires Significant Stake in Entain PLC

Confident Investing Starts Here:

Entain plc ( (GB:ENT) ) has provided an announcement.

Principal Global Investors, LLC, an investment adviser registered in the United States, has acquired a significant stake in Entain PLC, crossing the 5% threshold of voting rights. This acquisition, involving 32,007,629 ordinary shares, represents 5.007% of the voting rights in Entain, potentially impacting the company’s shareholder dynamics and market perception.

More about Entain plc

Entain PLC is a non-UK company operating in the gambling and sports betting industry. It offers a range of betting and gaming products and services, focusing on both retail and online markets.

YTD Price Performance: -5.84%

Average Trading Volume: 2,351,254

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £4.08B

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

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