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State Street Corporation Takes 5% Stake in Incitec Pivot
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State Street Corporation Takes 5% 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, with a 5.01% stake as detailed in the latest regulatory filing. This announcement follows their acquisition of 97,296,677 ordinary shares, positioning them as a key player with significant influence over the company. The transaction details, including the consideration paid, have been disclosed, marking a notable change in the company’s shareholder composition.

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

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