HSBC Bank To Sell 19.9% Stake In Montagu Private Equity

by Monica Gerson, Benzinga Staff Writer

April 10, 2012 4:51 AM | 11 seconds read | Make a Comment

HSBC Holdings PLC

HBC

reported that its unit HSBC Bank PLC will sell its 19.9% stake in Montagu Private Equity LLP to MLLP Holdings Ltd. HBC shares closed at $43.52 yesterday.

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HSBC Bank To Sell 19.9% Stake In Montagu Private Equity