- Morgan Stanley (NYSE:MS) is shopping its oil-trading and storage business again after an earlier deal with Rosneft (OTCPK:RNFTF), valued at several hundred million dollars, fell through last month.
- Morgan Stanley is still seeking a similar price to that of its first offer, as oil storage prices soar due to the recent collapse of crude prices.
- Macquarie Group (OTCPK:MCQEF) and KKR (NYSE:KKR) have emerged as early contenders to acquire the unit.