New Hope Says Morgan Stanley Picks Up 5.35% Stake

MT Newswires Live

2025/03/24

New Hope (ASX:NHC) said that Morgan Stanley and its units acquired a 5.35% stake in the firm as of March 19, according to a Monday Australian bourse filing.

Morgan Stanley and its units acquired 45.3 million ordinary shares of the firm, the filing showed.

New Hope's shares fell over 6% in recent trading on Monday.

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