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US: Morgan Stanley says no ambitions to take over Valeo

Investment bank and financial services firm Morgan Stanley has no plans to seek control of French components supplier Valeo or obtain a seat on its board, according to a filing with French markets regulator AMF.At the end of December 2007, Morgan Stanley increased its stake in Valeo and now holds ...

Investment bank and financial services firm Morgan Stanley has no plans to seek control of French components supplier Valeo or obtain a seat on its board, according to a filing with French markets regulator AMF.

At the end of December 2007, Morgan Stanley increased its stake in Valeo and now holds …

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