tiprankstipranks

Novartis AG Takes Major Stake in MorphoSys

Novartis AG Takes Major Stake in MorphoSys

Morphosys Ag (MOR) has released an update.

Confident Investing Starts Here:

MorphoSys AG has announced a significant change in shareholding, with Novartis AG acquiring a new total of 91.04% of voting rights as of June 19, 2024. The acquisition marks a substantial increase from the previous notification, indicating a major shift in the company’s ownership structure. This strategic move by Novartis signals a strong commitment to MorphoSys AG’s future.

For further insights into MOR stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

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
1