Summary
BANKING giant HSBC is set to enter talks over buying a controlling stake in South Africa's Nedbank in a deal worth pounds 4.5bn, it has been reported.
The group could make an announcement on the exclusive negotiations with Nedbank's owner Old Mutual as early as this week, according to yesterday's Sunday Times.See the full content of this document
Extract
Hsbc Prepares to Table South Africa Bank Offer
It said the 52% stake in the bank was the latest in a string of assets that Anglo-South...
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