23.07.2012 - Morgan Stanley may sell commodities-unit stake to Qatar SWF
Morgan Stanley (MS) (MS) is in advanced talks to sell part of its commodities business to the Qatar Investment Authority for $1 billion or more, CNBC reported, citing unidentified people familiar with the matter. Negotiations, which could still fall apart, have focused on selling a minority stake in the unit to the sovereign-wealth fund, CNBC said. Mary Claire Delaney, a spokeswoman for the bank, declined to comment on the report. There was no response to an e-mail sent to the Qatari fundís press office...............................................Full Article: Source
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