Morgan Stanley not given advisory role on Aramco pipeline sale – sources – ZAWYA

Morgan Stanley not given advisory role on Aramco pipeline sale – sources – ZAWYA

Morgan Stanley not given advisory role on Aramco pipeline sale - sources. The U.S. investment bank, which has previously advised the world's largest oil company, was originally looking to be part of the advisory group on any deal, the sources added.. U.S. investment banks have recently been shrinking lending outside their home market during the coronavirus crisis, sources told Reuters last month.. While ADNOC is in the process of replicating its deal by selling its natural gas pipeline assets, sources have told Reuters, in Aramco's case the process is proving more difficult and moving more slowly, the sources added..