Mitsubishi UFJ Ends Substantial Holding in ARB Corp

ARB Corporation Limited (AU:ARB) has released an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in ARB Corporation Limited, as detailed in a notice dated August 30, 2024. The document outlines various purchases of ARB’s fully paid ordinary shares by entities controlled by Morgan Stanley on behalf of Mitsubishi UFJ Financial Group. These transactions were recorded on August 23, 2024, reflecting changes in the financial group’s relevant interests in ARB Corporation’s voting securities.

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