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HSBC Bank To Sell 19.9% Stake In Montagu Private Equity

Monica Gerson, Benzinga Staff Writer
April 10, 2012 3:51 AM
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Tickers: HBC
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HSBC Holdings PLC (NYSE: 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.

(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Tags: merger and acquisition

Posted in: News, M&A

 

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