Industrial & Commercial Bank of China began the great game
Industrial & Commercial Bank of China is ready to absorb
In brief: Industrial & Commercial Bank of China offered $ 1.4 billion for the shares of unit.Season of mergers and acquisitions continued in Asia. The Asian banking sector resembles an anthill, the volume of transactions grow.
Industrial & Commercial Bank of China proposed to HK $ 10,83 billion ($ 1.4 billion) per share in the division of Industrial & Commercial Bank of China (Asia), which is not enough to obtain full control over the latter. Thus, Industrial & Commercial Bank of China suggested HK $ 29,45 for each paper ICBC Asia.
Ukrainian Globalist2010-08-11 09:29, Economics.
News on: asia, banks, china, Commercial Bank of China, HKD, USD