Bank of America sells 5.8% stake in China Construction Bank to private equity investors - MarketLine Financial Deals

Bank of America sells 5.8% stake in China Construction Bank to private equity investors

Bank of America sells 5.8% stake in China Construction Bank to private equity investors - MarketLine Financial Deals
Bank of America sells 5.8% stake in China Construction Bank to private equity investors
Published May 12, 2009
3 pages — Published May 12, 2009
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About This Report

  
Abstract:

Bank of America Corporation (BOA) has sold 13,500 million shares, representing a 5.8% stake, in China Construction Bank Corporation, a state-owned commercial bank, to a consortium that includes Temasek Holdings (Private) Limited, Hopu Investment Management Co., Ltd., and China Life Insurance Asset Management Co., Ltd., for about $7,300 million.

  
Source:
Document ID
MA04192_090518
Country
Country
Ticker
BAC=US
Ticker
0939=CN
Format:
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Bank of America sells 5.8% stake in China Construction Bank to private equity investors" May 12, 2009. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Bank-of-America-sells-5-8-stake-in-China-Construction-Bank-to-private-equity-investors-2052-4015>
  
APA:
MarketLine Financial Deals. (2009). Bank of America sells 5.8% stake in China Construction Bank to private equity investors May 12, 2009. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Bank-of-America-sells-5-8-stake-in-China-Construction-Bank-to-private-equity-investors-2052-4015>
  
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