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State Street Becomes Major Shareholder in Tech Firm
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State Street Becomes Major Shareholder in Tech Firm

Technology One Limited (AU:TNE) has released an update.

State Street Corporation has emerged as a substantial shareholder in Technology One Limited, with a 5.04% voting power through 16,422,705 ordinary shares. This development was officially reported on 15 July 2001, with the details of the relevant interests, registered holders, and the nature of association outlined in various annexures of the notification form. The financial considerations for this significant acquisition were documented, including cash and non-cash transactions over the preceding four months.

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

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