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Goldman Sachs Invested in Chinese Car Maker

Source: http://stockerblog.blogspot.com/2009/09/goldman-sachs-invested-in-chinese-car.html
Posted on Wednesday, September 23rd, 2009 | In Stocks to Watch
Contributed by: Fred Fuld (http://stockerblog.com) -

Goldman Sachs (GS) invested $334 million in Geely Automotive, a China based automobile manufacturer. This investment would give it a 15.1% ownership in the company. The investment is made through GS Capital Partners VI Fund LP, an affiliate of Goldman. Goldman Sachs trades on the New York Stock Exchange.

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