Morgan Stanley is selling its 34.3 percent stake in China International Capital Corp. to Kohlberg Kravis Roberts & Co., TPG Capital, Singapore’s Great Eastern Holdings Ltd. and the island nation’s sovereign-wealth fund, four people with direct knowledge of the deal said.
Morgan Stanley plans to sell stakes of about 10 percent [...]
Posts Tagged ‘Chinese’
Morgan Stanley Said to Sell CICC Stake to KKR, GIC
December 1st, 2010 by Financial Writer
Tags: au, bank, banking, banks, business, China, Chinese, company, government, Invest, investment, new york, owners, sales, stock, ubs, us
more...Carney, Volcker see long haul to recovery
November 20th, 2010 by Financial Writer
The world economy faces a long, hard slog toward recovery and could slide into deflation and financial instability if leaders fail to deliver on promises of reform, top policy markers said on Friday.
At a conference in Calgary, White House special adviser Paul Volcker warned it would likely take years for the American economy to [...]
Tags: au, bank, bank of china, bankers, banking, banking system, brazil, Canada, central bank, China, Chinese, deficit, dollar, economic, economic recovery, economy, economy grew, euro, Europe, exports, financial, g20, glo, global economic, Global Economy, government, india, monetary, policymakers, rate, recession, recessions, the dollar, united states, us, white house
Chinese - non-binding offer to GM for Opel
July 6th, 2009 by Financial Writer
General Motors Corp. confirmed Friday that it has received a non-binding offer for its Opel division from the holding company of a Chinese automaker.
GM Europe spokesman Christopher Preuss refused to give details of the offer from Beijing Automotive Industry Holding Co., but the offer adds to the U.S automaker’s options should negotiations with Magna International [...]
Tags: Chinese, GMC, non-binding offer