Monday, August 29, 2011

Bank of America to sell China bank stake for $8.3 billion - Reuters

CHARLOTTE, N.C./HONG KONG (Reuters) - Bank of America Corp is selling about half its stake in China Construction Bank for $8.3 billion, in its latest effort to shed assets and boost capital. A group of investors is buying 13.1 billion CCB shares ... http://tinyurl.com/3uwxqnh

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