Goldman Sells Part of Sanyo Credit Stake

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00009014-goldman-sells-part-of-sanyo-credit-stake/

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.