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Hsbc May Bid For South Africas Nedbank Report - Latest News


HSBC may bid for S.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 deal that would give Europe’s largest bank a bigger ... read more

HSBC may bid for Nedbank

HSBC Holdings may bid for South Africa’s Nedbank, a potential $4,4 billion deal that would give Europe’s largest bank a bigger profile in fast-growing Africa. Sky news reports that buying a majority ... read more

HSBC in Talks with Old Mutual for 70% Stake in South Africa’s Nedbank

HSBC is in talks to buy up to 70 percent of South Africa’s Nedbank, in a potential $ ... manage that into the future,” he said. Media reports had previously said that Standard Chartered may bid for ... read more

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Could HSBC Get Stung In Africa?

Now StanChart seems to be out of the picture and Old Mutual is singing the praises of HSBC's intentions; HSBC may have (unwisely) offered more than a rival that is better acquainted with African ... 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 ... read more

South Africa: On the Money - HSBC Gives Hedge Fund Managers a Chance for Some Corporate Action

Johannesburg — HSBC's bid for Nedbank has given South African hedge fund managers a rare opportunity ... Once it has completed the due diligence, it may pitch a lower offer to Old Mutual. The insurer ... read more

HSBC, Nedbank talks could be announced Monday – FT

HSBC Holdings Plc has emerged as the frontrunner to buy a controlling stake in Nedbank, South ... report on Sunday. In July, a media report said HSBC may bid for Nedbank, a potential $4.4 billion deal ... read more

HSBC may drop bid for S. Africa's Nedbank: report

HSBC Holdings PLC HBC, +2.44% is close to dropping its bid for South Africa's Nedbank Group Ltd. (NED.JO), the Financial Times reported Thursday, citing sources. Due diligence on Nedbank ended up ... 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 ... read more

HSBC may bid for Nedbank

JOHANNESBURG/LONDON (Reuters) – HSBC Holdings Plc, Europe’s biggest bank, is in the early stages of evaluating a bid for South Africa ... in May that Britain’s Standard Chartered Plc was interested in ... read more

HSBC may bid for S.Africa's Nedbank - Sky News

JOHANNESBURG, July 8 (Reuters) - HSBC Holdings (HSBA.L), Europe’s biggest bank, is in the early stages of evaluating a bid for South Africa’s Nedbank ... Mutual and potential buyers of its Nedbank ... 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 ... read more



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