Sumitomo Mitsui Trust Bank Buying 15% Stake in NZ Firm Morrison in $2B Infrastructure Pact

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Sumitomo Mitsui Trust Bank is acquiring a 15% stake in New Zealand infrastructure investment firm HRL Morrison & Co, committing $500 million as part of a $2 billion infrastructure deal. This strategic partnership enhances SMITB's investment in infrastructure assets.

Sumitomo Mitsui Trust Bank has agreed to commit $500 million to funds managed by New Zealand’s HRL Morrison & Co and take a minority stake in the infrastructure investment specialist. Under the deal announced this week, Morrison will become SMTB’s... Read More>> The post Sumitomo Mitsui Trust Bank Buying 15% Stake in NZ Firm Morrison in $2B Infrastructure Pact appeared first on Mingtiandi.