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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 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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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


Standard Chartered Should Pass on Nedbank

But Standard Chartered won’t be bidding for South Africa’s Nedbank ... billion, HSBC backed out unexpectedly mid-October. That led to talk that rival Standard Chartered, which around the same time ann... 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

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

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 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 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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