Genex Power Ltd. (AU:GNX) has released an update.
Morgan Stanley and its subsidiaries have emerged as a substantial holder in Genex Power Limited, acquiring a 5.01% stake with 69,373,970 ordinary shares. The financial giant reached this position on May 17, 2024, and the shares are held across various Morgan Stanley entities, with transactions including both purchases and collateral received. The dealings leading up to this significant acquisition highlight Morgan Stanley’s strategic investment moves within the Australian renewable energy sector.
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