ConvaTec (GB:CTEC) has released an update.
ConvaTec Group PLC has seen a notable change in share ownership, with Black Creek Investment Management Inc. increasing its stake to cross the 5% threshold on August 14, 2024. The investment firm now holds a total voting rights interest of 5.119602% in the medical products company. This shift in ownership is significant as it reflects a growing confidence by the investment manager, which advises 21 funds and clients, in ConvaTec’s market performance.
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