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Mitsubishi UFJ Takes Substantial Stake in Metcash Limited
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Mitsubishi UFJ Takes Substantial Stake in Metcash Limited

Metcash Limited (AU:MTS) has released an update.

Mitsubishi UFJ Financial Group, Inc. has emerged as a substantial holder in Metcash Limited, with a 5.01% voting power represented by 54,648,734 fully paid ordinary shares. The financial conglomerate’s significant stake acquisition became effective on May 30, 2024, and was formally acknowledged on June 3, 2024. This move could signal a strategic interest by Mitsubishi UFJ in Metcash’s business operations and future growth.

For further insights into AU:MTS stock, check out TipRanks’ Stock Analysis page.

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