Cettire Ltd. (AU:CTT) has released an update.
JPMorgan Chase & Co. has emerged as a substantial shareholder in Cettire Ltd., holding 5.52% of the company’s voting power through a mix of securities lending, direct purchases, and sales strategies. The global financial giant’s relevant interest involves various subsidiaries and affiliated entities, as detailed in a recent regulatory filing. The acquisition of this stake marks a significant financial move by JPMorgan Chase & Co. in the Australian e-commerce fashion platform.
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