As night turned to day on Jan. 30, Denmark’s biggest newspapers were predicting Prime Minister Helle Thorning-Schmidt’s coalition would survive a dispute over letting Goldman Sachs Group Inc. (GS) buy part of Dong Energy . . . The 48-year-old Social Democrat watched her coalition fall apart yesterday after pushing a $1.5 billion sale of an 18 percent stake in Dong to Goldman. The deal, opposed by 68 percent of Danish voters in a Megafon poll for TV2, dominated headlines after it emerged Goldman would get some veto powers in exchange for its investment. Goldman has said it views the stake as a long-term holding and will support the strategy of the current management.
It is unclear whether the timing of Dong Energy’s divestment in the London Array project, which was originally proposed in February 2013 as part of broader restructuring, was influenced by the Goldman controversy.
Dong Energy will remain the service provider for operations and maintenance services to London Array.
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Robert Griffin III Has Dislocated Left Ankle
Washington Redskins quarterback Robert Griffin III suffered a dislocated left ankle injury during his team's 41-10 win over the Jacksonville Jaguars on Sunday. A return this season has not been ruled out.
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