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Old 08-23-2010, 08:24 PM
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Post HSBC in takeover talks with South Africa’s Nedbank

Banking giant HSBC is in talks with South African insurer Old Mutual about acquiring a majority stake in Nedbank Group – South Africa’s fourth biggest bank. The media has speculated that the price could be around £4.5 billion for a 52% stake, in the latest in a series of assets Old Mutual has been forced [...]

More: HSBC in takeover talks with South Africa’s Nedbank
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