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  • November 27, 2014
  • Last updated: 4:24pm
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Results 1 - 5 of 5 for hsbc

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  1. Business - Banking & Finance - ACQUISITIONS

    ANZ eyes Asian assets to expand in region

    Posted Mar 31st 2014, 05:27am by KANIS LI

    ... a super-regional bank, but its chief executive says the lender will be cautious about acquisitions going forward. ANZ is the fourth major player in the region after HSBC, Citi and Standard Chartered. Michael Smith, HSBC's former chief executive in the Asia-Pacific region who got the top job at ANZ in 2007, said they will patiently wait for any Western bank to unload their Asian assets. He ...

  2. Business - Companies - ACQUISITIONS

    Charoen Pokphand sees HK$12.2b gain in Ping An stake

    Posted Feb 05th 2013, 12:00am by Ray Chan

    ... the regulatory approval of its purchase of a 15.57 per cent stake in Ping An Insurance from HSBC. The HK$72.7 billion deal for 1.23 billion Ping An H shares has proved to be a good one ... billion, for the shares was made in cash on Friday, HSBC and CP said. When the deal was announced in December, state-controlled China Development Bank, which was backing it, seemed to be distancing ...

  3. Business - Companies - ACQUISITIONS

    Thai billionaire denies UBS role in Ping An deal

    Posted Apr 08th 2013, 12:00am by Eric Ng

    ... the purchase of a 15.6 per cent stake in Ping An from HSBC after an upfront payment of US$2 billion was made earlier. The financing of the deal was the subject of intense media attention due to a lack of transparency, causing confusion for outsiders. The deal was first announced on December 5, at which time HSBC said the purchase would be financed partly in cash and partly under a facility from China ...

  4. Business - Companies - ACQUISITIONS

    Wumart buys Lotus stores for HK$2.3b

    Posted Oct 15th 2013, 01:35pm by Tiffany Ap; George Chen

    ... Chearavanont has been in the headlines a great deal this year after his purchase of HSBC's 15 per cent stake in Ping An Insurance and acquisition of Thai discount wholesaler Siam Makro. Together, ...

  5. Business - Companies - ACQUISITIONS

    Richard Li pays US$2.1b for ING's insurance assets

    Posted Oct 20th 2012, 12:00am by Lulu Chen, Ray Chan

    ... million, said one person familiar with the deal. The deal is expected to close in the first quarter of next year and is subject to regulatory approvals. HSBC was the sole financial adviser ...



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