Chinatrust stake for sale

The largest shareholder in Chinatrust Financial Holding Co., owner of Taiwan’s largest private bank, is looking to sell a portion of its stake to investors, according to an article in The Wall Street Journal Asia. Goldman Sachs Group Inc., Fobon Financial Holding Co. and The Carlyle Group are reportedly among the parties interested in talking to the Koo family of Taiwan. A source quoted in the story estimated the size of the stake to be sold at around 10% to 20% of the company, which has a market capitalization of an estimated $7.2 billion.