1. Most Discussed
  2. Gainers & Losers
AFJ 91.5¢

Morgan Stanley - Australian Childcare Projects

  1. Islay

    673 Posts.
    The Australian reported last week the purchase of ACP ( Australian Childcare Projects) by Morgan Stanley's property unit.

    ACP incorporated in December 2013 with chairman Stuart James, who is also chairman of Affinity Education and a shareholder in Evolve Education, Greg Kern also a director of Evolve Education and Chis Giufre founder of ACP, founder of Evolve Education, one of Chris G's companies is also a shareholder in Evolve Education, Chris is also the husband of Affinity's director and chief operating officer Gabrielle Giufre.

    It is anticipated that this will be the first step in Morgan Stanley's gradual accumulation of childcare centres. What will their next purchase be? IMO preparation and accumulation for another corporate childcare IPO.

    Will be interesting to observe this develop. As always IMO and DYOR.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.