• Most Popular
  • Most Shared

Japan's Sapporo:Morgan Stanley may sell stake in it

Mon Jul 6, 2009 2:39am EDT

Stocks

   

TOKYO, July 6 (Reuters) - Japanese beer maker Sapporo Holdings (2501.T) said on Monday that Morgan Stanley (MS.N) may sell its 1.8 percent stake in the firm.

Stocks  |  Global Markets  |  Funds News  |  ETFs News  |  Japan

The two agreed on a capital and business alliance two years ago and the U.S. bank was to acquire a stake of up to 5 percent in Sapporo. (Reporting by Taiga Uranaka)



More from Reuters

A customer is served at a counter inside a foreign exchange store displaying a poster of various banknotes including the Chinese yuan or renminbi (RMB) in Hong Kong November 20, 2009. REUTERS/Bobby Yip
OUTLOOK 2010:

Be careful what you wish for

Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch.  Full Article 

Clients work out on machines at the Bally Total Fitness facility in Arvada, Colorado June 15, 2009.  REUTERS/Rick Wilking

Get real with resolutions

We make them and we break them: The secret to keeping them is to avoid the impossible dream.  Full Article