JPMorgan Takes Substantial Stake in Mesoblast Ltd
Company Announcements

JPMorgan Takes Substantial Stake in Mesoblast Ltd

Mesoblast Limited (AU:MSB) has released an update.

JPMorgan Chase & Co. and its affiliates have emerged as substantial shareholders in Mesoblast Ltd, acquiring a 5.76% voting power through the possession of 65,725,661 ordinary shares. The financial giant’s various subsidiaries and branches have engaged in multiple transactions, including securities lending agreements and proprietary purchases, to achieve this significant stake in the biotechnology company.

For further insights into AU:MSB stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskMesoblast Limited Issues Unquoted Warrants in Strategic Move
TipRanks Australian Auto-Generated NewsdeskMesoblast Issues Warrants in $50 Million Agreement
TheFlyMesoblast management to meet with Maxim
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App