HSBC (HBC +0.9%) confirms it's in exclusive talks with Old Mutual (ODMTY.PK) to buy up to 70% of...

|About: HSBC Holdings PLC (HSBC)|By:, SA News Editor

HSBC (HBC +0.9%) confirms it's in exclusive talks with Old Mutual (ODMTY.PK) to buy up to 70% of South Africa's Nedbank (NDBKY.PK) in a deal that could be worth as much as $6.8B. (previously)