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Goldman Sachs exiting Kookmin

Goldman Sachs exiting Kookmin

(South Korea) - Key Kookmin Bank shareholder, Goldman Sachs, is selling half its 6.82 percent shareholding in South Korea's biggest lender. Goldman is converting its 11 million shares in Kookmin into American Depositary Shares (ADS) and plans to list them on the New York Stock Exchange ahead of the sale.

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