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Sovereign Wealth Funds Briefing - Categorized | Investment

Morgan Stanley may sell commodities unit stake to Qatar

Posted on 04 October 2012

Morgan Stanley (MS) is in talks with the Qatar Investment Authority, the country’s sovereign wealth fund, over the possible sale of a majority stake in its commodities unit, a move that would free it from new financial rules applicable to federally protected banks, the Financial Times reported Thursday on its website, citing people familiar with the matter.
The people noted that no price had been agreed and the talks could still fail, the FT reported. Morgan Stanley declined to comment, it said………………………………………..Full Article: Source


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