Singapore's GIC says to explore Morgan Stanley

Reuters, 18 Sep 2008, Saeed Azhar

SINGAPORE, Sept 18 (Reuters) - The Government of Singapore Investment Corp (GIC), one of the world's biggest sovereign funds, said on Thursday it will explore investing in Morgan Stanley (MS.N: Quote, Profile, Research, Stock Buzz) if it is approached.

"GIC explores all opportunities when approached," said Jennifer Lewis, a spokeswoman for the Singapore state fund, in an email when asked if the fund is considering an investment in the U.S. investment bank.

Read More

Related News:
GIC says would explore approach from Morgan Stanley - AFP