Mesoblast Says JPMorgan Chase Becomes Substantial Holder; Shares Rise 6%

MT Newswires Live

02/09

Mesoblast (ASX:MSB) received notice that JPMorgan Chase and its affiliates became a substantial holder of the company on Feb. 4, according to a Monday filing with the Australian bourse.

JPMorgan Chase now owns 65.2 million shares in the company, representing 5.05% voting power, the filing said.

Shares of the company rose 6% in recent Monday trade.

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