JPMorgan Ditches Medibank Stake
JPMorgan Chase & Co. has stopped being a substantial holder in Medibank Private.
A substantial holder is defined as any person who holds more than 5% of the voting shares in a company, according to the Australian Securities and Investments Commission (ASIC).
Kalkine reports that JPMorgan Chase & Co. has ceased to be a substantial holder in Medibank Private.