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Morgan Stanley Acquires Substantial Stake in Mayne Pharma

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Morgan Stanley Acquires Substantial Stake in Mayne Pharma

Mayne Pharma Group ( (AU:MYX) ) has shared an update.

Morgan Stanley and its subsidiaries have become substantial holders in Mayne Pharma Group Limited, acquiring a 5.03% voting power through various transactions. This development indicates a significant investment in Mayne Pharma, potentially impacting the company’s shareholder dynamics and market perception.

More about Mayne Pharma Group

YTD Price Performance: 53.47%

Average Trading Volume: 2,514

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $370.5M

Learn more about MYX stock on TipRanks’ Stock Analysis page.

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