Morgan Stanley wins role on €811m Fortis sale

ING Groep has returned to Morgan Stanley to jointly lead the disposal of its €810m ($760m) stake in Fortis, after using Merrill Lynch and ABN Amro Rothschild for its last sale.

Morgan Stanley and ING Investment Banking are joint bookrunners of the current sale of shares in the Dutch-Belgian banking and insurance group. ING Investment Banking is also acting as adviser to ING Groep.

WSJ Logo