Wednesday 10 August 2011

BofA talks to Gulf funds to cut $17 billion CCB stake: sources (Reuters)

A Bank of America shareholder walks into the corporate headquarters prior to the start of the Bank of America annual shareholders meeting in Charlotte, North Carolina May 11, 2011. REUTERS/Chris KeaneReuters - Bank of America Corp has held exploratory talks with the principal investment funds of Kuwait and Qatar about selling part of its $17 billion stake in China Construction Bank (0939.HK), three sources with direct knowledge of the talks told Reuters.



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