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Israeli hedge fund UDN Eden takes 5.29% stake in Cettire

Israeli hedge fund UDN Eden Management has acquired a 5.29% stake in Australian-listed luxury fashion retailer Cettire, purchasing 20.2 million shares for more than $4.1m between June and October, according to a substantial shareholder notice filed with the Australian Securities Exchange (ASX). UDN Eden, which focuses on small- and mid-cap international companies, has built its position as…

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