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Goldman works on iShares bid

Discussion in 'Forex Daily News & Outlook' started by godoftrading, Mar 25, 2009.

  1. godoftrading

    godoftrading New Member

    Feb 23, 2009
    Likes Received:
    Goldman Sachs is working on a bid for iShares, the securities lending and exchange-traded funds business being auctioned by Barclays. Bids, due by Friday, could put a value ofup to $6.5bn on iShares. Goldman and at least three other parties have expressed interest in iShares including buy-out group Bain Capital and a consortium led by Hellman & Friedman. Fund manager Vanguard is also thought to be interested.

    #1 godoftrading, Mar 25, 2009
    Last edited by a moderator: Apr 2, 2009

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