State Street Corporation Acquires Stake in Incitec Pivot

Incitec Pivot Limited (AU:IPL) has released an update.

State Street Corporation has emerged as a substantial holder in Incitec Pivot Limited, acquiring a 5.23% stake with over 101 million ordinary shares. This significant investment reflects State Street Corporation’s strategic interest in Incitec, showcasing an influential move in the financial market. The details of the acquisition, including voting power and considerations, were formalized on April 19, 2024.

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