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Empresas y finanzas

Bank of America to sell part of CCB stake


    NEW YORK (Reuters) - Bank of America Corp is selling 13.1 billion shares of China Construction Bank to a group of investors for $8.3 billion of cash, the bank said on Monday.

    The deal represents about half of Bank of America's holdings in CCB, reducing its stake to about 5 percent of the Chinese lender's outstanding shares.

    After the deal was announced, Bank of America shares were up 3.6 percent at $8.04.

    (Reporting by Lauren Tara LaCapra; Editing by Derek Caney)