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

LONDON (Alliance News) - John Laing Group PLC said Wednesday that Morgan Stanley Investment ...

Alliance News 16 May, 2018 | 4:46PM
Email Form

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; elenacherubini@alliancenews.com.

Copyright 2018 Alliance News Limited. All Rights Reserved.

Email Form
Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
John Laing Group PLC 306.20 GBX 0.20 -
About Author Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.