Goldman Nears Buying Stake in Danish DONG Energy and 2 Other Dow Movers to Watch
Goldman Sachs Group (NYSE:GS): Current price $160.18
The Danish business daily Borsen reported Friday that Goldman’s private equity division Goldman Sachs Capital Partners is close to acquiring an interest in Denmark’s oil and gas group DONG Energy. The newspaper, citing anonymous sources, said that the Goldman unit will join with Danish pension funds ATP and PFA to purchase approximately 20 percent of DONG Energy at roughly $1.45 billion. Morgan Stanley and Nordea are serving as advisers for DONG in the transaction that close as soon as next week.