MOSCOW, September 24 (RIA Novosti) - Leading global investment banking, securities and investment management firm Goldman Sachs Group, Inc., hopes to attract $5 billion after an initial public offering of 40.65 million common shares at $123 per share, the company said Wednesday.
"This offering, combined with the recently announced $5 billion strategic investment by Berkshire Hathaway Inc. in the form of perpetual preferred stock, brings total capital raised to $10 billion," the group said in a press release.
"In addition, Berkshire Hathaway Inc. will receive warrants to purchase $5 billion of common stock with a strike price of $115 per share, which are exercisable at any time for a five year term," it said.
