Morgan Stanley Lowers John Laing Stake To Below Threshold (ALLISS)

Share this

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.