China's CIFH replaces Lehman with Morgan Stanley HONG KONG, Sept 17 (Reuters) - CITIC International Financial Holdings (News) said on Wednesday that it appointed Morgan Stanley (News) as the adviser in its planned delisting, replacing Lehman Brothers, (News) which has filed for bankruptcy protection.
Lehman advised CITIC International Financial Holdings (CIFH) on its pending $1.3 billion agreement with Banco Bilbao Vizcaya Argentina SA. Spain's BBVA reached a deal in June to double its stakes in Chinese bank CITIC and CIFH |