State Street Corporation Takes Stake in MMA Offshore

MMA Offshore Limited (AU:MRM) has released an update.

State Street Corporation has emerged as a substantial holder in MMA Offshore Limited, boasting a 6.16% voting power with 23,338,181 ordinary shares as of July 9, 2024. The details of the acquisition, including the consideration paid and the associates involved, have been outlined in various annexures accompanying the formal notification. This development may indicate a significant strategic interest by State Street Corporation in the maritime service provider.

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