Wing Hang

OCBC agrees to buy Wing Hang for $5 billion

Singapore’s OCBC made a HK$125 cash offer per share for Wing Hang Bank, one of the few family-run holdouts in Hong Kong, where most of its peers have already been gobbled up by mainland Chinese and foreign lenders.
April 01, 2014

Oversea-Chinese Banking Corp. has agreed to buy Wing Hang Bank, one of the few remaining family-run lenders left in Hong Kong, for $4.99 billion (HK$38.4 billion). 

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