Goldman Sachs Drops Its Board Diversity Requirement for IPOs
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Goldman Sachs
CONFIRMED88% CONFIDENCELaw360[1], published February 11, 2025: "The Goldman Sachs Group Inc. said Tuesday that it's ending a pledge to only take companies public" with diverse boards.
Goldman Sachs ended its policy of taking companies public in the US and Western Europe only if they had at least two diverse board members, one of them a woman, citing legal developments after Nasdaq's diversity rule was struck down.
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