America’s Goldman Sachs Group Inc said it is looking selling off its stake in Weinstein Co following allegations of sexual harassment against co-Chairman Harvey Weinstein.
“There is no place for the inexcusable behavior that had been reported, and we strongly condemn it,” Andrew Williams, a spokesman for Goldman, said in an email quoted by Thomson Reuters.
He said Goldman held a stake worth less than $1 million in The Weinstein Co.
Harvey Weinstein, who has produced or distributed Oscar-winning movies including “Shakespeare in Love” and “Chicago”, was ousted from the Weinstein Co on Sunday.
The Weinstein Company has not given any comment on the matter.