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Hsbc May Bid For South Africas Nedbank Report - Latest News


HSBC may bid for South Africa's Nedbank - report

JOHANNESBURG/LONDON (Reuters) - HSBC Holdings (HSBA.L) may bid for South Africa’s Nedbank (NEDJ.J), Sky News reported, a potential $4.4 billion (2.9 billion pounds) deal that would give Europe’s large... read more

HSBC eyes South African bank

HSBC Holdings may bid for South Africa's Nedbank, a potential $4.4 billion deal that would ... HSBC has appointed investment bank Lazard to advise on the possible takeover, reports said. But a potenti... read more

South Africa: Nedbank Analysis - Why the HSBC Deal is Difficult to Judge

WHAT South African game enthusiasts know about civets is that they are small, shy, nocturnal cat-like animals and that they are a rare find on a game drive. Even to game- watching aficionados, it may ... read more

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HSBC to buy up to 70pc of S Africa's Nedbank

HSBC will buy up to 70 percent of South Africa's Nedbank ... crucial if it wants to continue expanding there." Media reports had previously said that Standard Chartered may bid for Nedbank. For Old Mu... read more


HSBC Pursues South African Bank to Claim Key Spot in African Trade Financing

The acquisition would expand HSBC's presence in Africa's trade growing financing market. Europe's largest bank aims to gain 70% of Nedbank's shares and plans to bid ... South African authorities were ... read more

HSBC in talks for 70% of Nedbank

HSBC Holdings Plc is in exclusive talks to acquire a majority stake in Nedbank Group Ltd, South Africa's fourth largest ... into the future," he said. Media reports had previously said that Standard C... read more

Barclays Africa may already have a willing buyer

Barclays may already have a willing bidder for Barclays Africa’s assets outside of South Africa. This is according to a report in the Financial Times ... is approaching investors to back a takeover bi... read more

First Bank, GTBank, UBA, Zenith, others make top 1,000 Global Banks list

It added that: “For South Africa ... few areas in a bid to restore profitability. We may have seen the end of the global bank.” While global banks are cutting back on employees – Citigroup has reduced ... read more

HSBC in talks for 70% of Nedbank

HSBC is ... shareholders. Nedbank would remain listed in South Africa and Roberts said Old Mutual would not have gone into exclusive talks without hope of regulatory approval. Media reports had previo... read more

HSBC buying Nedbank

HSBC will buy up to 70 per cent of South Africa's Nedbank ... crucial if it wants to continue expanding there." Media reports had previously said that Standard Chartered may bid for Nedbank. For Old M... read more

HSBC may bid for South Africa's Nedbank - report

JOHANNESBURG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L), Europe’s biggest bank, is in the early stages of evaluating a bid for South Africa’s Nedbank (NEDJ.J), Sky News reported on Thursday. HSBC h... read more

HSBC may bid for South Africa's Nedbank - report

JOHANNESBURG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L), Europe's biggest bank, is in the early stages of evaluating a bid for South Africa's Nedbank (NEDJ.J), Sky News reported on Thursday. HSBC h... read more



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