Deals
Slack Gives Morgan Stanley Market Maker Adviser Role
- Named role could bring bank more trading volume, fees
- Workplace-messaging company plans to list shares in May
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Morgan Stanley will get the high-profile job of advising market maker Citadel Securities LLC as it helps Slack Technologies Inc. go public through a direct listing, according to a regulatory filing.
Morgan Stanley is also one of the three general advisers -- not underwriters -- listed in the workplace-messaging company’s filing Friday for a direct listing of its shares rather than an initial public offering. The other two advisers are Goldman Sachs Group Inc. and Allen & Co.