China's Legend explores Banque International a Luxembourg sale, sources sayChina's Legend Holdings is exploring options including a possible sale of its 90% stake in Banque Internationale a Luxembourg (BIL), two people with knowledge of the matter said.
Legend, which is listed on the Hong Kong stock exchange and partly owns Chinese computer maker Lenovo, is working with Goldman Sachs on the options for Luxembourg's oldest private bank, the people said, speaking on condition of anonymity because the process is private.