State Street Becomes Major Investor 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, acquiring a 7.16% voting power with 27,142,614 ordinary shares. The acquisition positions State Street Corporation as a significant investor in the marine services provider as of May 10, 2024. This strategic move could signal a new level of investor confidence in MMA Offshore’s market prospects.

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