Goldman looks to raise $1.9bn in ICBC sale

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/0QSDPP/X9ZFY/SXKPIV/Y8WM9/   Breaking news Monday June 01 2009 Breaking News   Goldman looks to raise $1.9bn in ICBC sale Goldman Sachs on Monday activated plans to sell up to $1.9bn worth of shares in Industrial and Commercial Bank of China, in the latest high-profile divestment of stock in a mainland lender. The US bank is in advanced talks with institutional investors to sell up to 3.03bn Hong Kong-listed shares in ICBC, the world's biggest bank by market capitalisation and deposits, according to people familiar with the matter. The sale will leave Goldman with a 4 per cent holding in ICBC, which it will retain until at least April 2010. http://link.ft.com/r/0QSDPP/NMAXF/J9BL2/Q5DR5/7L9UB/E4/h Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds © THE FINANCIAL TIMES LTD 2009 ABOUT THIS EMAIL You have received this email because you have signed up for this keyword/company alert on FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.