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13 November 2003
Lend Lease and Morgan Stanley announce expected closing date for the acquisition of Lend Lease’s U.S. real estate equity investment businesses
Lend Lease Corporation Limited (“Lend Lease”) and Morgan Stanley today announced that they expect to close Morgan Stanley’s purchase of a majority of Lend Lease’s U.S. real estate equity investment businesses on 19 November 2003. In that regard, Equitable Life has informed Morgan Stanley that subject to the execution of acceptable documentation, Equitable Life intends to grant its consent to this transaction.stock exchange
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