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MTU Manitou BF

24.30
-0.05 (-0.21%)
05 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Manitou BF EU:MTU Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -0.21% 24.30 24.10 24.90 24.85 24.20 24.35 13,337 16:40:00

CIC:To Participate In Morgan Stanley's US$2.2 Billion Share Sale Plan

02/06/2009 1:42pm

Dow Jones News


Manitou BF (EU:MTU)
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China Investment Corp., the country's US$200 billion sovereign wealth fund, said Tuesday it will buy additional shares in Morgan Stanley as part of the U.S. bank's US$2.2 billion share offering.

CIC took a 9.9% stake in Morgan Stanley in December 2007, and the latest investment marks another major step in the Chinese fund's efforts to invest overseas.

A statement posted on Morgan Stanley's Web site said it expects CIC and Mitsubishi UFJ Financial Group Inc. (8306.TO) to be among the buyers of the shares.

-Victoria Ruan contributed to this story, Dow Jones Newswires; 8610 6588-5848; victoria.ruan@dowjones.com

 
 

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