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samd1969

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samd1969

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Thursday, 02/21/2013 2:00:58 PM

Thursday, February 21, 2013 2:00:58 PM

Post# of 734086
Goldman Sells Re-insurance to UNDISCLOSED INVESTORS

« Stock News Overview : Article
Goldman Sachs Sells 75% Stake in Reinsurance Company Ariel -FT
8 minutes ago - Dow Jones News

Goldman Sachs Group Inc. (GS) has sold a 75% stake in Bermuda-based Ariel Reinsurance to undisclosed investors, and is retaining a 25% stake, the Financial Times reported Thursday, citing people familiar with the deal.
Goldman Sachs acquired Ariel in April 2012.
The FT said Goldman will continue to provide services for the reinsurance business.
Web site: www.ft.com
Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires
February 21, 2013 13:50 ET (18:50 GMT)
Copyright (c) 2013 Dow Jones & Company, Inc.
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