While the premium for Hang Seng Bank shares is huge, analysts debate if it is a win-win for investors and HSBC’s long-term value.
HONG KONG/LONDON, Oct 9 (Reuters) - HSBC plans to buy out minority investors in Hong Kong's Hang Seng Bank (0011.HK), opens new tab for HK$106.1 billion ($13.6 billion), paying a premium and halting ...
SINGAPORE - HSBC Holdings plans to take Hang Seng Bank private in a deal that values the lender at US$37 billion (S$48 billion), ramping up its exposure to Hong Kong as the financial hub attempts to ...
HONG KONG: HSBC said on Thursday it planned to privatise Hong Kong's Hang Seng Bank after its majority-held subsidiary has come under fire for its performance and exposure to faltering property ...
HSBC Holdings Plc proposed taking its troubled Hong Kong subsidiary Hang Seng Bank Ltd. private in a deal representing a major bet on the Chinese financial hub. The British lender’s shares plunged.
HSBC Holdings announced a plan to privatise its Hang Seng Bank subsidiary, drawing the curtains on half a century of the unit’s publicly traded status in an unexpected move to simplify its structure ...
HSBC said on Thursday it planned to privatise Hong Kong's Hang Seng Bank after its majority-held subsidiary has come under fire for its performance and exposure to faltering property markets in the ...
HSBC has offered to privatise Hang Seng Bank via a scheme of arrangement. The scheme price is HK$155 per share, a 33% premium over the undisturbed 30-days average closing price of HK$116.5. HSBC ...
HSBC’s long and occasionally complicated relationship with its Hong Kong offspring has taken a decisive turn. HSBC Asia Pacific, a subsidiary of the London-listed parent, has proposed to privatise ...
Investing.com-- Shares of HSBC Holdings Plc (LON:HSBA), the UK-based banking and financial services group, fell more than 5% in London trading on Thursday, after the bank announced plans to take its ...