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Newspaper: Goldman Sachs looking to co-own Dong

According to Danish newspaper Børsen, the large American financial institution Goldman Sachs is looking to secure an ownership stake in state-owned Dong, and is prepared to pay USD 1.44 billion together with a series of pension funds for 20 percent of the shares.

Photo: DONG ENERGY

The giant American financial institution Goldman Sachs is ready to invest USD 1.44 billion for an ownership stake in Danish energy company Dong, according to newspaper Børsen.

The newspaper says that Goldman Sachs and a series of pension funds, likely including ATP and PFA, are prepared to put down a total of USD 1.44 billion for 20 percent of the shares, based on the latest Dong share trade. The purchase will reportedly be made public next week.

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