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State Street Corporation Acquires Substantial Holding in Monadelphous Group Limited

Story Highlights
  • State Street Corporation has acquired a substantial holding in Monadelphous Group Limited.
  • This acquisition grants State Street significant voting power in Monadelphous, potentially impacting its governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
State Street Corporation Acquires Substantial Holding in Monadelphous Group Limited

Monadelphous Group Limited ( (AU:MND) ) has shared an announcement.

Monadelphous Group Limited has announced a substantial holding by State Street Corporation and its subsidiaries, indicating a significant investment interest in the company. This development may influence the company’s governance and decision-making processes, as State Street now holds a considerable voting power in Monadelphous Group Limited.

More about Monadelphous Group Limited

YTD Price Performance: 8.91%

Average Trading Volume: 125

Technical Sentiment Signal: Sell

Current Market Cap: €889.3M

For a thorough assessment of MND stock, go to TipRanks’ Stock Analysis page.

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