Goldman Sachs unit cuts stake in Western Mining
Published: 13 Jan 2009 00:00:00 PSTJan. 13, 2009 (China Knowledge) - Goldman Sachs Strategic Investments (Delaware) LLC, a unit of Goldman Sachs Group Inc, has recently cut its stake in Western Mining Co Ltd<601168> to 4.8%, the company said in a statement filed with the Shanghai Stock Exchange on Tuesday. The Goldman Sachs unit has sold a 3.3% stake or 78.04 million A-shares in the largest lead miner in China, which reduced its total A-share holding in the mining company to 114.259 million. A-shares of Western Mining Co Ltd closed 4.95% lower at RMB 6.91 on Tuesday. Copyright © 2009 www.chinaknowledge.com Send feedback or comments to: news@chinaknowledge.com For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI | 
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