Monday, June 25, 2007

Goldman to sell S.Korea cable operator stake: source

(Reuters) - Goldman Sachs is selling its 30.48 percent stake in C&M, valued at $970 million, according to the Maeil Business Newspaper, in the latest sale of Korean assets by foreign investment firms.




Goldman bought shares in unlisted C&M in 2004 for 140 billion won , becoming its second-largest shareholder.


Read more at Reuters.com Business News

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