MarketWatch reports that Morgan Stanley has reduced its stake in Dutch telco KPN Telecom (also known as Royal KPN) from 10.01% to 4.93%. Citing a report by the Dutch financial regulator Autoriteit Financiele Markten (AFM), the journal says the change was made on 11 May. The AFM filing confirms that Morgan Stanley’s stake comprises 2.33% in shares and 2.60% in futures and options.
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OVETEL Morgan Stanley trims KPN stake to 4.93%, financial regulator*says
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