Morgan Stanley (NYSE:MS)
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--Clothing company Untuckit has hired Morgan Stanley to help it raise funds to fuel growth, CNBC reported Thursday, citing "people familiar with the situation."
--The company is hoping the latest round of fund raising will give it a valuation of better than $600 million, the report said.
--The company is profitable, with sales of about $150 million, the report said.
Full story: https://www.cnbc.com/2018/12/06/untuckit-eyes-valuation-greater-than-600-million.html
--Write to Stephen Nakrosis at firstname.lastname@example.org
(END) Dow Jones Newswires
December 06, 2018 13:42 ET (18:42 GMT)
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