Morgan Stanley Cuts Holding In Glenveagh Properties To Below 3%

(Alliance News) - Glenveagh Properties PLC said on Tuesday that Morgan Stanley has cut its stake ...

Alliance News 13 August, 2019 | 5:41PM
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(Alliance News) - Glenveagh Properties PLC said on Tuesday that Morgan Stanley has cut its stake in the firm to below 3%.

Prior to a transaction on Friday, the investment bank had a 5% holding in the Irish housebuilder.

Shares in Glenveagh closed 1.7% higher at EUR0.68 each in London on Tuesday.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Glenveagh Properties PLC 0.63 EUR -4.03 -
Glenveagh Properties PLC 0.62 EUR -4.33 -
Morgan Stanley 39.33 USD -2.33
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