Treasury Wine Estates Says JPMorgan Chase Ceases to be Substantial Shareholder

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Treasury Wine Estates (ASX:TWE) received notice that JPMorgan Chase and its affiliates are no longer substantial holders of the company from Sept. 17, according to a Tuesday filing with the Australian bourse.

JPMorgan Chase and its affiliates became a substantial holder of the company on Sept. 16, with a total voting power of 5.03%, an earlier filing showed.

The company's shares rose 1% in recent Tuesday trade.

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