August 26, 2011 at 12:01 PM EDT
BofA Close to Selling Part of China Construction Stake
Just a day after revealing a landmark, $5 billion investment by Warren Buffett, Bank of America is close to another major deal, says a person familiar with the matter: the sale of at least half its 10 percent stake in China Construction Bank to a smattering of sovereign-wealth funds and institutions.
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