Asia market round-up: CMB buys in HK…

by Lawrence White

China Merchants Bank will buy Hong Kong’s Wing Lung Bank, after beating bids from rivals including ICBC and Bank of Communications. CMB will pay HK$156.50 per share for a 53% stake in Wing Lung, valuing the...

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Asia market round-up: CMB buys in HK…

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Asia market round-up: CMB buys in HK…

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