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Mitsubishi UFJ Financial Group Ceases Substantial Holding in NRW Holdings

Story Highlights
  • Mitsubishi UFJ Financial Group, Inc. no longer holds a substantial stake in NRW Holdings Limited.
  • Morgan Stanley’s entity purchased shares, affecting NRW’s shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Ceases Substantial Holding in NRW Holdings

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The latest announcement is out from NRW Holdings Limited ( (AU:NWH) ).

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in NRW Holdings Limited. The change in substantial holding was due to the purchase of securities by an entity controlled by Morgan Stanley, affecting a significant number of fully paid ordinary shares. This development might impact the company’s shareholder structure and market perception.

The most recent analyst rating on (AU:NWH) stock is a Buy with a A$4.05 price target. To see the full list of analyst forecasts on NRW Holdings Limited stock, see the AU:NWH Stock Forecast page.

More about NRW Holdings Limited

Average Trading Volume: 1,091,456

Technical Sentiment Signal: Buy

Current Market Cap: A$1.76B

For detailed information about NWH stock, go to TipRanks’ Stock Analysis page.

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