Home > Quick > Body

Sumitomo Mitsui Trust to Take 15% Stake in Morrison in $2 Billion Partnership

clock
2026-07-07 22:15:47
Sumitomo Mitsui Trust Bank will take a 15% stake in New Zealand-based infrastructure investor Morrison as part of a $2 billion strategic partnership, according to Bloomberg.

The deal is aimed at giving the Japanese bank’s customers access to new investment opportunities.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.