Morgan Stanley holds 8.4 percent stake in Valeo

Newswire

PARIS, Sept 25 (Reuters) - Four funds run by Morgan Stanley raised their joint stake in Valeo to 8.4 percent, the AMF French financial regulator said on Friday. The funds hold 6,566,445 shares, which represents 8.4 percent of the capital and 8.17 percent of voting rights. The funds needed to notify their increased stake in the vehicle components group after crossing the 5 percent threshold. On June 5, Morgan Stanley held 4.77 percent of shares in the vehicle components group and the ...

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