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Macro Finance

Morgan Stanley’s $2.5 Billion Parking Sale Wins Chicago Approval

Bloomberg Markets·September 29, 2026·1 min read

A Morgan Stanley-led investor group won Chicago's approval for its $2.5 billion sale of a parking-meter operation to Stonepeak Partners, ending months of political turmoil around the transaction. The approval clears the way for the deal to proceed, resolving a contentious process.

Read at Bloomberg Markets
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