Scout24 AG (G24.XE) said Friday that Morgan Stanley (MS) has disposed of a holding equaling 5.7% of the voting rights of the German company.

Morgan Stanley disposed of the holding on May 6, according to a notification, after acquiring a holding equaling 5.93% of voting rights in Scout 24 in May 2.

Further details weren't available. German companies must notify when a holder passes certain ownership thresholds of voting rights.

 

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(END) Dow Jones Newswires

May 10, 2019 11:33 ET (15:33 GMT)

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