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Morning Report: Merger News Lifts FuturesoptionMONSTER • Mon, Aug 23, 2010 -
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Morning Report: Merger News Lifts FuturesoptionMONSTER • Mon, Aug 23, 2010
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- | On the move
- Monday, August 23, 2010, 7:31 AM 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) Comment!
- Thursday, July 8, 2010, 7:15 AM HSBC (HBC -1%) is said to be in the early stages of evaluating a bid for South Africa's Nedbank (NDBKY.PK) that would cost several billion pounds. A deal would help HSBC build its presence in Africa's largest economy. Comment!