Perenti Global (AU:PRN) has released an update.
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Mitsubishi UFJ Financial Group has become a substantial holder in Perenti Global, with a relevant interest in over 47 million fully paid ordinary shares through its subsidiary, First Sentier Investors Holdings Pty Limited. This development highlights a significant shift in voting power, indicating potential strategic interest in Perenti’s operations. Investors should watch how this stake might influence Perenti’s future business decisions.
For further insights into AU:PRN stock, check out TipRanks’ Stock Analysis page.
