Goldman: Pulling the trigger on some mega-deals?

Filed under: Deals, Goldman Sachs Group (GS)

Over the years, Goldman Sachs (NYSE: GS) has amassed a hefty portfolio of investments.

And now the firm may be ready to take some money off the table -- especially to pay down the onerous TARP loans.

According to a report in the Wall Street Journal [a paid publication], it looks like Goldman is thinking about unloading a part of its 4.9% stake in the Industrial & Commercial Bank of China Ltd. It could result in more than a billion in cash (or about 15% to 20% of the equity stake). The deal could happen by late April (this is when a lock-up expires on the investment).

Continue reading Goldman: Pulling the trigger on some mega-deals?