Goldman Sachs to sell 1.78% stake in Dong Energy
Goldman Sachs-Controlled New Energy Investment has cut its stake in Dong Energy by 1.78% after selling 7.5 million shares in the Danish company to institutional investors. The shares were sold for DKK321 ($51.34) each. New Energy Investment retains 2.7% of Dong's share capital.

Goldman Sachs Group Inc. GS, +0.18% on Thursday reduced its stake in Denmark's Dong Energy A/S (DENERG.KO) further after agreeing to sell 7.5 million shares in the energy group to institutional investors.

The shares--equivalent to 1.78% of Dong's existing capital--are being sold at 321 Danish kroner ($51.34) each by Goldman Sachs-controlled New Energy Investment S.a.r.l.