Goldman Sachs sells Nordex stake: Sources

FRANKFURT: Goldman Sachs is selling its 14 percent stake in German wind turbine maker Nordex except for a few shares, two people familiar with the matter told Reuters on Monday.

The sources said the stake was likely to be sold to an investor and that the sale was expected to be announced on Monday.

Goldman and Nordex declined to comment. A part of Goldman's stake in Nordex is held via the CMP Fund I. Nordex's biggest single shareholder is SKion, the investment vehicle of Susanne Klatten, who is also major shareholder in Altana and BMW.

The sources said that Klatten would not buy additional shares in Nordex from Goldman.