Swiss Govt mulling sale of UBS stake, will GIC up stake?

BBC News, 9 Jun 2009
The Swiss government has said it is in talks about selling its investment in the country's biggest bank, UBS.
In October it gave UBS 6bn Swiss francs ($5.5bn; £3.4bn) in exchange for notes that could be converted into a 9.3% stake in the bank.
The government's lock-in period, when it was not allowed to convert the notes into UBS shares, ended on Tuesday.
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