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Friday, August 26, 2011

Bank of America may sell CCB shares by next week-report - Yahoo! Singapore Finance

Bank of America may sell CCB shares by next week-report - Yahoo! Singapore Finance
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1 comment:

  1. RAYLOKEAugust 26, 2011 at 10:56 PM

    The report, citing two unnamed "officials" briefed about the negotiations, added to signs that a sale of a large chunk of Bank of America's stake in the Chinese bank, the world's No. 2 by market value, is imminent.

    "A consortium of sovereign wealth funds in Asia and the Middle East as well as several private equity firms are in negotiations with bankers and could close a deal by early next week," said the New York Times report.

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