Key Developments: Goldman Sachs Group Inc (GS)

GS on New York Consolidated

17 Apr 2014
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$0.22 (+0.14%)
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Latest Key Developments (Source: Significant Developments)

Blackstone Group and Goldman Sachs merchant banking division to acquire Ipreo from KKR
Monday, 14 Apr 2014 08:30am EDT 

Blackstone Group and Goldman Sachs:Says funds managed by Blackstone and Goldman Sachs Merchant Banking Division to acquire Ipreo Holdings LLC from affiliates of Kohlberg Kravis Roberts & Co. L.P. (KKR).Kohlberg Kravis Roberts & Co. L.P. to retain minority ownership stake in the business.Ipreo was advised by BofA Merrill Lynch, Morgan Stanley, and Citigroup.Legal counsel was provided to Ipreo and KKR by Simpson Thacher & Bartlett.Financing for transaction is being led by Goldman Sachs & Co. and BofA Merrill Lynch, with Credit Suisse, Deutsche Bank, Morgan Stanley and RBC Capital Markets.  Full Article

Goldman Sachs Group and Goldman Sachs Australia Group ceases to be substantial shareholder in Australand Assets Trust
Friday, 11 Apr 2014 03:47am EDT 

Australand Assets Trust:Says the Goldman Sachs Group, Inc. on behalf of itself and its subsidiaries (Goldman Sachs Group) including its significant subsidiaries and Goldman Sachs Holdings ANZ Pty Limited and its subsidiaries (Goldman Sachs Australia Group) has ceased to the substantial holder of the company.  Full Article

Goldman Sachs and Vestar Capital Partners in Partnership to acquire Hearthside Food Solutions
Wednesday, 19 Mar 2014 08:00am EDT 

Goldman Sachs Group Inc and Vestar Capital Partners:Signs definitive agreement to acquire Hearthside Food Solutions.Terms were not disclosed.Transaction is expected to close in second quarter of 2014.Goldman Sachs and Vestar will own equal stakes in company going forward.  Full Article

Goldman Sachs investigated in New York currency trading probe-Reuters
Tuesday, 4 Feb 2014 07:00pm EST 

Goldman Sachs Group Inc:Benjamin Lawsky, New York's financial services superintendent, has opened an investigation into manipulation of the currency markets by banks and is requesting documents from more than a dozen institutions-Reuters.According to a source familiar with the matter, Lawsky has asked for documents from Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, Lloyds Banking Group Plc, RBS, Societe Generale and Standard Chartered.  Full Article

NY court lets lawsuit against Goldman Sachs Group Inc over Timberwolf CDO proceed - Reuters
Thursday, 30 Jan 2014 04:23pm EST 

Goldman Sachs Group Inc:A New York state appeals court on Jan. 29, refused to dismiss a $1.07 billion lawsuit accusing Goldman Sachs Group Inc of selling securities as the financial crisis began that it expected to lose value - Reuters.The lawsuit, brought by Australian hedge fund Basis Yield Alpha Fund, says Goldman made misleading statements and omissions about collateralized debt obligations known as Timberlake and Point Pleasant.It claims Goldman sold the securities as a way to offload subprime mortgages it knew were toxic and sought to profit from the same securities by shorting them.In its ruling, a five-judge appeals panel said a lower court rightly declined to dismiss the fraud claims, rejecting Goldman's view that they should be thrown out because of disclosures and risk disclaimers in its offering circulars.  Full Article

Libya sues Goldman Sachs Group Inc over losing trades-Reuters
Thursday, 30 Jan 2014 11:25am EST 

Goldman Sachs Group Inc:The Libyan Investment Authority (LIA) last week filed a law suit against the Goldman Sachs Group Inc in London's high court-Reuters.Seeking to cancel a series of equity derivatives trades between January and April 2008 and the repayment of premiums paid to Goldman Sachs for its services.In court documents seen by Reuters on Thursday, the LIA said Goldman took advantage of the fund's "financially illiterate' staff, who had placed trust and confidence in the bank.A spokesperson for Goldman said ,'We think the claims are without merit, and will defend them vigorously.  Full Article

OPTO Circuits (India) Ltd may buy 26 pct of Opto Circuits (India) Ltd - Business Standard
Sunday, 26 Jan 2014 10:26am EST 

Goldman Sachs Group Inc:Goldman Sachs is likely to acquire a 26 per cent stake in Opto Circuits (India) Ltd for around 3 billion indian rupee - Business Standard.Goldman Sachs will pick up this stake at 50-52 indian rupee per share.  Full Article

Goldman Sachs Group Inc declares preferred stock dividends
Friday, 10 Jan 2014 04:30pm EST 

Goldman Sachs Group Inc:Says it has declared dividends on the following series of its non-cumulative preferred stock.Says $234.38 per share of Floating Rate Non-Cumulative Preferred Stock, Series A.$387.50 per share of 6.20% Non-Cumulative Preferred Stock, Series B.$250.00 per share of Floating Rate Non-Cumulative Preferred Stock, Series C.$250.00 per share of Floating Rate Non-Cumulative Preferred Stock, Series D.$371.88 per share of 5.95% Non-Cumulative Preferred Stock, Series I; and.$343.75 per share of 5.50% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series J.Says it has also declared a dividend of $1,011.11 per share of Perpetual Non-Cumulative Preferred Stock, Series E, and a dividend of $1,011.11 per share of Perpetual Non-Cumulative Preferred Stock, Series F.Says dividends on the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series I Preferred Stock and Series J Preferred Stock will be paid on Feb. 10, 2014 to preferred shareholders of record on Jan. 26, 2014.Says the dividends on the Series E Preferred Stock and Series F Preferred Stock will be paid on March 3, 2014 to preferred shareholders of record on Feb. 16, 2014.  Full Article

Echo Entertainment Group Ltd announces substantial shareholdings of Goldman Sachs Group Inc and subsidiaries and Goldman Sachs Holdings ANZ Pty Limited and subsidiaries
Wednesday, 18 Dec 2013 05:45pm EST 

Echo Entertainment Group Ltd:Says that it has become aware that Goldman Sachs Group Inc and its subsidiaries and Goldman Sachs Holdings ANZ Pty Limited and its subsidiaries, became a substantial shareholder in the company.Says Goldman Sachs became substantial shareholder on Dec. 16, with relevant interests held totalling 44,813,550 ordinary shares representing 5.43 pct. of the issued fully paid ordinary capital.  Full Article

PanAust Ltd announces voting power of The Goldman Sachs Group, Inc
Tuesday, 17 Dec 2013 02:32pm EST 

PanAust Ltd:Says The Goldman Sachs Group, Inc. has a voting power of 32,015,753, representing 5.17 pct in the company.  Full Article


For Morgan Stanley, playing it safe pays off

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