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Sovereign Wealth Funds Briefing - Categorized | Investment

Morgan Stanley nears selling stake in Chinese bank

Posted on 23 February 2010

From AFP: US bank Morgan Stanley is close to selling its 34.3 percent stake in China International Capital Corp., a key investment bank, to US private equity firms in a deal worth one billion dollars.

The two firms are Kohlberg Kravis Roberts & Co, and TPG Capital, the source familiar with the deal told AFP……………………….Full Article: Source


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