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Melrose Industries 'explainer' on RRSPs a 'positive development', says Citi

By Michele Maatouk

Date: Tuesday 29 Oct 2024

(Sharecast News) - The "explainer" released by Melrose Industries on Monday about its 19 Risk and Revenue Sharing Partnerships (RRSPs) is a "positive development," Citi said in a research note.
Melrose shares surged on Monday afternoon after it released a 40-page booklet explaining the accounting around its RRSPs and said the...

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