Magellan Financial Group Ltd (AU:MFG) has released an update.
Magellan Financial Group Ltd has announced its emergence as a substantial holder in IDP Education Limited, with a 5% stake consisting of 13,925,801 ordinary fully paid shares. This significant acquisition reflects Magellan’s growing interest and influence in the educational services provider. The transaction details and the related interests of the involved parties have been outlined in the company’s recent financial disclosures.
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