Morgan Stanley Investment Management Has Agreed To Acquire A 49% Stake In Onslow Iron Road Trust In Partnership With Mineral Resources, Which Will Continue To Own A 51% Stake
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Morgan Stanley Investment Management has agreed to acquire a 49% stake in Onslow Iron Road Trust in partnership with Mineral Resources, which will continue to own a 51% stake.
June 06, 2024 | 11:04 am
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Morgan Stanley Investment Management has agreed to acquire a 49% stake in Onslow Iron Road Trust, partnering with Mineral Resources, which will retain a 51% stake.
The acquisition of a significant stake in Onslow Iron Road Trust indicates Morgan Stanley's strategic investment in the iron industry, which could positively impact its stock price in the short term due to potential growth and diversification benefits.
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