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Thursday, August 14, 2014

Market Chatter- Corporate finance press digest, (NYSE: GS)

The following corporate finance-related stories were reported by media: * Singapore's Universal Terminal, backed by China's state oil giant PetroChina, plans to raise as much as S$1 billion ($800.9 million) in an initial public offering of units of a business trust, two sources with direct knowledge of the matter told Reuters.* A unit of Goldman Sachs Group Inc is a final bidder for a Tokyo office tower in a deal that could fetch about 165 billion yen ($1.61 billion), said people familiar with the deal, which could be the biggest office property deal in six years.

The Goldman Sachs Group, Inc. (Goldman Sachs), is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS traded higher by 0.02% or $0.04/share to $172.37. In the past year, the shares have traded as low as $151.33 and as high as $181.13. On average, 2418180 shares of GS exchange hands on a given day and today's volume is recorded at 1711054.