Mon, Sep 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves more

Morgan Stanley may sell minority stake in commodities unit

Posted on 07 August 2013

Morgan Stanley is exploring various options for its multibillion dollar commodities business, with the sale of a minority stake being one possibility, three sources familiar with the situation said on Monday.
The business, which includes three U.S. power plants, a 49 percent stake in a tanker fleet and a pipeline and logistics firm, has been shopped for more than a year. But the bank is not in any hurry to sell a stake at any price and is not close to a deal, the sources said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37037 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930