Morgan Stanley's stake in Valeo up to 11.1 percent

Be Alex Steblinina. Morgan Stanley increased its stake in France’s Valeo SA to more than 10 percent.

Photo: Morgan Stanley's stake in Valeo up to 11.1 percent

Morgan Stanley's stake in Valeo up to 11.1 percent

Previously, Morgan Stanley had increased its stake in Valeo to 5.1 following the purchase of shares on the market in November.

No the company owns an 11.1 percent stake of Valeo's capital and 10.9% of its voting rights.

Morgan Stanley is one of the largest and the most reputable investment banks and global financial services firm that serves a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley's world headquarter is in New York City, with regional headquarters in London and Hong Kong .

Morgan Stanley is a global financial services firm that, through its subsidiaries and affiliates, provides its products and services to customers, including corporations, governments, financial institutions and individuals. The Company operates in three business segments: Institutional Securities, Global Wealth Management Group, and Asset Management.