28 Sep '13, 6am

ANZ, Singapore's UOB eye Hong Kong's Wing Hang Bank: sources

HONG KONG | Sat Sep 28, 2013 1:45am EDT HONG KONG (Reuters) - Singapore's United Overseas Bank Ltd (UOBH.SI ) and Australia & New Zealand Banking Group Ltd (ANZ.AX ) are considering a bid for Hong Kong's Wing Hang Bank Ltd, according to people familiar with the matter. Wing Hang (0302.HK ), with a market capitalization of $4.7 billion, announced earlier this month that its controlling shareholders had received preliminary offers from independent third parties to purchase their shares in the bank. It did not name the bidders. People familiar with the matter told Reuters on Saturday that ANZ and UOB were among the companies considering a bid for the Hong Kong bank. The Wall Street Journal also cited people familiar with the matter as saying UOB and ANZ had shown interest. Wing Hang Bank is the second family-run Hong Kong lender to get a takeover offer since August. Chong Hin...

Full article: http://www.reuters.com/article/2013/09/28/us-winghang-off...

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ANZ, Singapore's UOB eye Hong Kong's Wing Hang ...

reuters.com 28 Sep '13, 5am

HONG KONG | Sat Sep 28, 2013 1:45am EDT HONG KONG (Reuters) - Singapore's United Overseas Bank Ltd (UOBH.SI ) and Australi...

ANZ, Singapore's UOB eye Hong Kong's Wing Hang ...

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