Goldman Sachs Writes Down Its CMC Markets Stake to Zero, Telegraph Reports

Goldman Sachs Group Inc. has written down its stake in CMC Markets Plc to almost zero three years after making the 140 million pound ($221 million) investment, the Sunday Telegraph said.

CMC founder Peter Cruddas is aware of the writedown, the newspaper reported, citing an unidentified person close to the situation.

Sophie Bullock, a spokeswoman in London for London for Goldman Sachs, declined to comment on the report to Bloomberg News today.

To contact the reporter on this story: Nicholas Larkin in London at nlarkin1@bloomberg.net.

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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