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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 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 in Talks to Control South African Nedbank

Nedbank, which is 53 percent owned by Old Mutual, said in a separate statement filed with the London Stock Exchange that HSBC was considering a bid ... South Africa, as it moves to capture trade outfl... 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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Northern Trust jumps on report of possible HSBC offer

Northern Trust Corp. rose the most in three months in U.S. trading after the U.K.'s Daily Mail newspaper said HSBC Holdings Plc may make an offer ... this month abandoned a bid to buy a $7.3 billion s... read more


HSBC Pursues South Africa's Nedbank to Claim Stake in African Business

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

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 to try and profit from ... Once it has completed the due diligence, it may pitch a lower offer to O... 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

HSBC Pulls Out of Bid for 70% of Nedbank

In a brief statement to the London Stock Exchange, HSBC said it was still “committed to the South African market and to growing its business in South Africa ... to have been competing over Nedbank wit... 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 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 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 pound) deal that would give Europe’s larges... read more



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