Goldman Sachs Group Inc. has sold a quarter of its recently purchased stake in Japan’s Sanyo Electric Credit Co., reducing its holding to 31 percent, disclosure documents showed.
Goldman last month spent about 33.15 billion yen ($290.2 million) to take a 42 percent stake in the credit firm, the finance unit of struggling electronics maker Sanyo Electric Co. Ltd.
For this complete story, please visit Goldman Sells Part of Sanyo Credit Stake.
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