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

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)
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