private transaction

Balda raises $318 million from sale of TPK shares

J.P. Morgan bought the shares at a 2.9% discount and offloaded them to a small group of investors on Friday evening through a semi-private transaction.

February 26, 2012

Bank of America cuts CCB stake to 1%

The US bank says it has sold 10.4 billion shares through private transactions. Based on the latest market price, the stake is valued at about $7.4 billion.

November 14, 2011

BoA Merrill sells $8.3 billion stake in CCB

The sale of China Construction Bank shares comes on the day that BoA Merrill's lockup expires and is done through a private transaction with a group of undisclosed investors.

August 29, 2011