Sunday, December 7, 2014

Morgan Stanley is handling XERO's forthcoming U.S. IPO.

The New Zealand Herald had previously reported Xero was meeting with U.S. based Credit Suisse and Morgan Stanley in regards to selecting who to go with in handling Xero's U.S. IPO.   Today (12/7/14) the Australian is reporting about Bain's MYOB  sale and reported "Australia's Morgan Stanley was knocked out of the running (to handle the MYOB sale in Australia)  due to its US-based team working on a deal with its rival Xero".  [Quoting The Australian].   So according to The Australian, U.S. based Morgan Stanley is handling XERO's forthcoming  U.S. IPO.


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