--Morgan Stanley is considering a possible sale of German rail-wagon hire company VTG AG, financial daily Handelsblatt reports, citing unnamed sources.
--The U.S. bank, which holds 57% of VTG shares, has instructed Goldman Sachs and Credit Agricole to examine strategic options, according to Handelsblatt, citing the sources.
--VTG could be valued at EUR6 billion-EUR7 billion, including debt, with a sale process starting in the first quarter of 2022, Handelsblatt says.
Full story in German: https://bit.ly/3p8ExXs
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
11-26-21 0701ET