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Morgan Stanley to become top shareholder in China funds venture with stake increase

PostMessage posted...: Wed Apr 10, 2019 4:09 pm
by smix
Morgan Stanley to become top shareholder in China funds venture with stake increase
Reuters

URL: https://www.reuters.com/article/us-morg ... SKCN1RM0C5
Category: businessNews
Published: Wed, 10 Apr 2019 03:20:44 -0400

Description: Morgan Stanley has won an auction to buy an additional 5.5 percent stake in its China mutual funds joint venture, in a deal that will make it the top shareholder of Morgan Stanley Huaxin Fund Management Co.