Goldman Sachs wins Chunghwa Telecom mandate

In what must rank as one of the fastest decisions in Asian privatization history, Goldman Sachs was chosen as global co-ordinator of Chunghwa Telecom within hours of final bake-offs on Saturday.

Jackie Horne

September 03, 2000

The US investment bank emerged victorious on Saturday night after coming top of a points system designed by the Taiwanese government committee which had the task of selecting one global co-ordinator and two bookrunners for the roughly $4 billion ADR sale.

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