Temasek/CCB

Temasek confirms $2.8 billion CCB investment

The Singapore investment company bought about one-third of the China Construction Bank shares that Bank of America Merrill Lynch sold through an $8.3 billion private transaction a week ago.

<div style="text-align: left;"> Temasek has helped BoA Merrill with its CCB investment three times (AFP) </div>

Anette Jönsson

September 07, 2011

Temasek Holdings confirmed in a filing with the Hong Kong stock exchange on Monday that it bought part of Bank of America Merrill Lynch’s stake in China Construction Bank, sold through a private transaction a week ago.

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