Morgan Stanley has placed the rest of the shares it failed to sell six weeks ago in Reckitt Benckiser, the UK-listed cleaning products company, for a significantly higher price.

In the latest sale Reckitt shares were placed at £10.10 - an 8% discount to Wednesday's close. If the shares had been sold for this price in the first sale the bank would have raised an extra £17.5m (€25.6m).

Morgan Stanley completes second Reckitt sale

Yasmine Chinwala

Morgan Stanley

Reckitt Benckiser

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