BUSINESSBLOOMBERG
Sumitomo Mitsui Trust Inks $2 Billion Partnership With Morrison
Sumitomo Mitsui Trust Bank will acquire a 15% stake in New Zealand-based infrastructure investor Morrison through a $2 billion strategic partnership. The collaboration aims to provide Japanese customers with access to new investment opportunities.
Mentioned
Related Signal
Adjacent reporting
- Abu Dhabi backs $30B infrastructure partnership
- Bloom Energy rises 2% after partnering with European AI infrastructure upstart in $2.6 billion deal
- Amazon Will Invest Up to $25 Billion More in Anthropic as AI Demand Surges
- Blackstone to invest $5 billion in AI infrastructure venture with Google, powered by TPU chips
- Upscale AI in talks to raise at $2B valuation, says report