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CGG: Morgan Stanley cuts stake

(CercleFinance.com) - The AMF issued a notice this morning, communicating the statement that on 19 September, Morgan Stanley has cut its stake in CGG to below the thresholds of 5% of the group's capital and voting rights, with it now holding almost no shares in the company.


On that date, after the sale of shares - both OTC and on the market - the US investment bank now holds 0.03% of CGG's shares and voting rights in its trading book.


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