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BRIEF-Morgan Stanley to sell up to 22.5 mln shares in WPP via accelerated bookbuild
October 2, 2017 / 4:33 PM / 2 months ago

BRIEF-Morgan Stanley to sell up to 22.5 mln shares in WPP via accelerated bookbuild

Oct 2 (Reuters) - Morgan Stanley

* MORGAN STANLEY ANNOUNCES THE SALE OF UP TO 22.5 MILLION SHARES IN WPP BY MEANS OF AN ACCELERATED BOOKBUILD OFFERING

* OFFERING IS BEING UNDERTAKEN TO HEDGE MORGAN STANLEY’S EXPOSURE UNDER DERIVATIVE TRANSACTIONS ENTERED INTO BY MS WITH ASATSU-DK INC

* MORGAN STANLEY IS SOLE BOOKRUNNER Further company coverage:

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