Provider: Thomson Reuters Stock Report
Provider: Directors Deals Ltd.
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Morgan Stanley Announces Sale Of EMEA-Based Global Stock Plan Services Business To Computershare Ltd
Morgan Stanley announced that it has reached an agreement to sell the EMEA-based portion of its Global Stock Plan Services business (GSPS EMEA) to Computershare Ltd. The transaction is expected to close during the second quarter of 2013. The GSPS EMEA business provides employee stock plan record keeping and automated trade execution services for some of the companies in the UK and Europe, with trading on 13 exchanges globally. As part of the transaction, it is intended that Morgan Stanley will continue to provide trade execution services to existing GSPS EMEA clients and their employees.
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