मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
HSBC to buy out Hang Seng Bank for $13.6 billion
Financial Express Pune
|October 10, 2025
HSBC PLANS TO buy out minority investors in Hong Kong's Hang Seng Bank for HK$106.1 billion ($13.6 billion), paying a premium and halting its own share buybacks to acquire a lender hit hard by the local property market downturn.
The proposed acquisition sent HSBC shares 6% down, but HSBC CEO Georges Elhedery said on Thursday the move was “absolutely not” driven by pressure to bail out Hang Seng. The deal contrasts with a string of divestments made by HSBC under CEO Georges Elhedery, who a year ago set out to try and cut costs and simplify the lender's sprawling operations.
HSBC has firepower for deals
यह कहानी Financial Express Pune के October 10, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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