Mitsubishi UFJ Ends Major Stake in Magellan Financial
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Mitsubishi UFJ Ends Major Stake in Magellan Financial

Magellan Financial Group Ltd (AU:MFG) has released an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Magellan Financial Group Ltd, as detailed in a recent Form 605 disclosure. The document, dated 29th August 2024, outlines a series of securities purchases by entities controlled by Morgan Stanley, affecting thousands of Magellan’s fully paid ordinary shares.

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

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