Magellan Financial Group Ltd (AU:MFG) has released an update.
State Street Corporation has emerged as a substantial shareholder in Magellan Financial Group Ltd, securing a 5.11% stake with 9,244,323 ordinary shares. The acquisition was reported on 16/07/2024, marking State Street Corporation’s significant interest in the financial services company. Details regarding the acquisition, including the consideration paid and the associated parties, are outlined in the provided annexures.
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