| Singapore state investment company Temasek Holdings Pte Ltd. has purchased nearly a third of the 10.4 billion shares which Bank of America Corp. sold in China Construction Bank Corp., while Chinese state-related entities took up the rest, people familiar with the situation said Wednesday.
Temasek will now have a stake just under 10% in CCB, another person said, up from 8.1% before the sale by Bank of America, which announced the sale of the shares in the Chinese lender as part of its ongoing sale of non-core assets to shore up its balance sheet............................................Full Article: Source
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