"Wing Hang"

Hong Kong banks attract suitors

Wing Hang Bank is the second of four family controlled lenders to attract a takeover approach. M&A bankers and analysts calculate the likelihood of talk turning into deals.
Wing Hang said its controlling shareholders had been approached by independent third parties about selling their shares.
Wing Hang said its controlling shareholders had been approached by independent third parties about selling their shares.

Wing Hang Bank is the latest family owned lender in Hong Kong to say it has received a takeover approach, prompting talk of sector-wide consolidation.

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