Morgan Stanley, China's Profex buy majority interest in Korres

Morgan Stanley, China's Profex buy majority interest in Korres

The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in the Manhattan borough of New York City, January 20, 2015. REUTERS/Mike Segar

US investment fund Morgan Stanley and Chinese company Profex have agreed to acquire majority share in leading Greek natural cosmetics producer Korres for €48.3 million ($58 million), the three companies announced.

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