Morgan Stanley Lowers John Laing Stake To Below Threshold (ALLISS)
LONDON (Alliance News) - John Laing Group PLC said Wednesday that Morgan Stanley Investment Management Inc lowered its stake in the company to below the 5.0% notifiable threshold.
Prior to the transaction Morgan Stanley Investment Management - part of Morgan Stanley Group Inc - held a 5.0% stake in the infrastructure investor.
John Laing shares closed at 286.60 pence on Wednesday, up 0.3%.
By Elena Cherubini; [email protected]
Copyright 2018 Alliance News Limited. All Rights Reserved.
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