Morgan Stanley has joined Morgan Stanley in accumulating a stake in esure, ahead of the company being sold to Blue (BC) Bidco . A wholly owned subsidiary of funds advised by Bain Capital Private Equity, LP and its affiliates, Bidco is acquiring the entire issued and to be issued share capital of the Surrey-headquartered insurer. Societe Generale , which reported its position crossed the 5.81% holding threshold in the company last week , announced its stake has now increased to less than 3% to 5.79% from 5.81% , while Societe Generale reported increasing its holding from 5.81% .
Morgan Stanley has joined Morgan Stanley in accumulating a stake in esure, ahead of the company being sold to Blue (BC) Bidco . Societe Generale , which reported its position crossed the 5.81% holding threshold in the company last week , announced its stake has now increased to less than 3% to 5.79% from 5.81% , while Societe Generale reported increasing its holding from 5.81% .