JPMorgan Chase & Co., a prominent US bank and investment firm, has significantly increased its stake in Cochlear Ltd., an Australian medical device company.
According to Kalkine, JPMorgan now holds a substantial 6.69% of Cochlear's shares, up from an unspecified previous amount.
Cochlear is a leading developer and manufacturer of implantable auditory devices, including cochlear implants and bone-anchored hearing aids.
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