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Morgan Stanley’s plan for the institutional Japan equity business is to consolidate Japan equity research, institutional sales, corporate access, and a part of the execution services functions of both entities into MSMS. Additionally, the Japan equityunderwriting business is also set to be optimised.
This valuation is either achieved through an equity financing round or via financial performance indicators. 6 – ZEPZ Value: $5bn Founded: 2010 What do they do? The group comprises of brokering firm Howden, underwriting agency DUAL, MGA and its data and analytics arm HX. What is unicorn status?
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