Bids for Goldman-backed Daesung Gases soon, deal seen worth $1.3b

Bids for Goldman-backed Daesung Gases soon, deal seen worth $1.3b

A view of the Goldman Sachs stall on the floor of the New York Stock Exchange July 16, 2013. REUTERS/Brendan McDermid/File Photo

South Korea’s Daesung Industrial Gases, nearly half-owned by Goldman Sachs, will be put up for auction with first-round bids due in early December – a deal reportedly worth about 1.5 trillion won ($1.3 billion).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter