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TRX UDN Eden takes 5.29% stake in Cettire
Israeli hedge fund UDN Eden Management 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, per a substantial shareholder notice filed with the ASX. Cettire's market capitalisation is approximately $114m, down from a peak of around $2bn, and its shares remained unchanged at $0.33 following the disclosure.
Why “Unverified”
- Reported by Hedgeweek alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 48/100. How labels work
What the sources claim
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UDN Eden Management acquired a 5.29% stake in Cettire.
“Israeli hedge fund UDN Eden Management has acquired a 5.29% stake in Australian-listed luxury fashion retailer Cettire”
Hedgeweek -
UDN Eden purchased 20.2 million Cettire shares for more than $4.1m between June and October.
“purchasing 20.2 million shares for more than $4.1m between June and October”
Hedgeweek -
Cettire's market capitalisation is approximately $114m, compared with a peak valuation of around $2bn.
“currently has a market capitalisation of approximately $114m, compared with a peak valuation of around $2bn”
Hedgeweek -
Cettire's shares remained unchanged at $0.33 following the disclosure of UDN Eden's investment.
“The company's shares remained unchanged at $0.33 following the disclosure of UDN Eden's investment.”
Hedgeweek
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-15 12:20 UTC. Labels are computed from the sources, not by the model.