China Investment Corporation purchases $1.2 billion Morgan Stanley common stock
Posted on 06/03/2009
“June 2nd 2009: Morgan Stanley (MS) announced that it had priced a public offering of common stock for proceeds of approximately US$2.2 billion. The proceeds are intended to fully redeem the TARP preferred capital before the end of June. In view of the excellent relationship with CIC and the preemptive rights CIC holds, MS notified […]
