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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Platinum Asset Management

Story Highlights
  • Mitsubishi UFJ Financial Group has ceased to be a substantial holder in Platinum Asset Management.
  • The change involved transactions by an entity controlled by Morgan Stanley, affecting ownership structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Platinum Asset Management Ltd ( (AU:PTM) ) has issued an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Platinum Asset Management Ltd as of April 15, 2025. The change in holdings involved several transactions, including purchases and sales of fully paid ordinary shares by an entity controlled by Morgan Stanley. This shift in shareholding may impact Platinum Asset Management’s market dynamics and stakeholder interests, as it reflects a significant change in the ownership structure.

More about Platinum Asset Management Ltd

YTD Price Performance: -23.59%

Average Trading Volume: 28,500

Technical Sentiment Signal: Strong Buy

Current Market Cap: €177.7M

See more data about PTM stock on TipRanks’ Stock Analysis page.

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