We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Goldman's Mandarin lessons

27 January 2006 By Hugo Dixon

It is paying $2.6bn for a stake in the country’s biggest bank, ICBC, that may actually be worth more like $6.6bn. How has Goldman got this steal of a deal despite not obviously bringing much to the party? Probably because it’s been close to ICBC.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)