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ARB Corporation Limited ( (AU:ARB) ) has shared an update.
Mitsubishi UFJ Financial Group, Inc. has acquired a substantial holding in ARB Corporation Limited, with significant voting power through its interests in Morgan Stanley and First Sentier Investors Holdings Pty Limited. This acquisition grants Mitsubishi UFJ Financial Group, Inc. a 5.05% voting power in ARB Corporation Limited, potentially impacting the company’s governance and strategic decisions.
More about ARB Corporation Limited
YTD Price Performance: -3.07%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.99B
For a thorough assessment of ARB stock, go to TipRanks’ Stock Analysis page.