Goldman Sachs Group Inc. (GS) raised about $1 billion from
selling a stake in Industrial & Commercial Bank of China Ltd. after the
world’s largest lender by market value rose almost 50 percent from last year’s
low, according to a Bloomberg report.
The equity was sold at HK$5.77 each, 3 percent lower than the Chinese lender’s HK$5.95 (1398) closing price in
No comments:
Post a Comment