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MS, BofA shop $271m block trade in Pilbara Minerals

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Morgan Stanley and Bank of America’s equities desks were shopping a block trade in the $9.96 billion lithium miner Pilbara Minerals on Wednesday evening, just as its share price starts to perk up from a wipeout in the commodity’s value.

Pilbara Minerals CEO Dale Henderson. Trevor Collens

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/morgan-stanley-nabs-271m-block-trade-in-pilbara-minerals-20241002-p5kfh2