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Who is the breadwinner in your family and does it matter?

Morgan Stanley says placing 3.11 percent of Spain's Ferrovial

Reuters - UK Focus

MADRID, Nov 12 (Reuters) - Morgan Stanley (Xetra: 885836 - news) said on Wednesday it was placing 23 million shares, or 3.11 percent, of Spanish infrastructure firm Ferrovial, worth 365 million euros (455 million US dollar) at current market prices.

In a statement, Morgan Stanley said that alongside Mediobanca (Milan: MB.MI - news) as a bookrunner, it would sell the shares in the market within the next day.

The shares had been used to cover a derivatives operation which Mediobanca carried out on behalf of a client.

(1 US dollar = 0.8024 euro) (Reporting by Tracy Rucinski, Editing by Sarah White)