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Monday, October 31, 2011

ASIA PRIVATE EQUITY WEEKLY NEWS, OCTOBER 31, 2011, (NYSE: GS)

News and developments in Asia private equity from Reuters News for the week ending October 28. OCTOBER 28DESPITE THE rumoured interest in Yahoo Inc , progress on a deal has hit a brick wall mainly because of the company's lack of strategy and restrictive confidentiality agreement, people familiar with the situation said.AN AUSTRALIAN fund has filed a new lawsuit in the New York State Supreme Court seeking more than $1 billion in damages from Goldman Sachs Group Inc , accusing the investment bank of selling it risky debt it expected would tumble in value.

The Goldman Sachs Group, Inc. (Goldman Sachs) is a bank holding and a financial holding company. Shares of GS traded higher by 0.83% or $0.95/share to $115.86. In the past year, the shares have traded as low as $89.88 and as high as $175.34. On average, 8018800 shares of GS exchange hands on a given day and today's volume is recorded at 8249595.



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