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A super stake in MinRes - Australian Resources & Investment
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A super stake in MinRes - Australian Resources & Investment
Image: Mineral Resources.AustralianSuper has become a substantial shareholder in Mineral Resources (MinRes), acquiring more than 10.8 million ordinary shares for a 5.48 per cent stake. The shares, held via JPMorgan Nominees Australia on behalf of AustralianSuper, mark a clear vote of confidence from one of Australia’s largest superannuation funds. According to the Australian Financial Review, AusSuper paid $50 million for 1.1 million shares in t…
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