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Will HSBC buy South Africa's fourth-biggest bank?

August 23, 2010 - 3:11am | Banks and internet banks | News
Will HSBC buy South Africa's fourth-biggest bank?

Monday, HSBC unveiled its plans to acquire South Africa's fourth-biggest bank Nedbank.

Thus far, Europe's biggest bank is currently in exclusive talks with Anglo-South African insurer Old Mutual to buy Nedbank.

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bank | HSBC | Nedbank | Old Mutual | South Africa | talks
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