Lloyds Banking Group has been sounding out fund managers about the possible sale of Insight Investment, the asset … (eFinancial News)
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Morgan Stanley is considering selling around 60mn shares in a newly announced public offering to Japanese banking giant Mitsubishi UFJ Financial Group and Chinese sovereign wealth fund China Investment Corp. The Wall Street firm aims to raise money for repaying funds to the US Treasury.MUFG will hold more than 20% of Morgan Stanley`s common stock and China Investment Corp. will buy 44.7mn shares of . (India Infoline)
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