HSBC Holdings on Thursday said it was offering a 30% premium to buy just over the one-third of Hang Seng Bank it didn't already own.
Hang Seng Bank shares surged nearly 30% on Thursday after parent company HSBC Holdings Plc announced plans to take the lender private in a deal valuing it at more than HK$290 billion (over $37 billion
HSBC shares fell 6% in London from near record levels after the British bank announced plans to buy out minorities in its majority-held Hang Seng Bank subsidiary in a deal worth around $13.6 billion.

HSBC to buy rest of Hang Seng Bank

02:47am, Thursday, 09'th Oct 2025
HSBC Holdings PLC (LSE:HSBA) has proposed to acquire the rest of Hong Kong-listed Hang Seng Bank that it does not already own. The deal is expected to be earnings accretive for HSBC, although it will
HSBC on Thursday proposed to take Hong Kong-listed Hang Seng Bank private for HK$155 per share, valuing the lender at about HK$290 billion ($37 billion).
HSBC asked the board of Hang Seng Bank to put forward a privatization proposal to shareholders. Shares in Hang Seng Bank would be canceled in exchange for 155 Hong Kong dollars apiece.
HSBC has requested that the board of Hang Seng Bank submit a privatisation proposal to shareholders through a scheme of arrangement under Hong Kong's Companies Ordinance, according to a joint announce
NEW YORK--(BUSINESS WIRE)--A new HSBC report launched in collaboration with Know Your Value called The Giving Shift: Global Living, Local Giving, shows a powerful transformation in how women across th
HSBC sharpens focus on Asia and high-net-worth clients while shedding non-core businesses to cut costs and fuel growth.
PARIS, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
NEW YORK--(BUSINESS WIRE)--HSBC proudly announces that Racquel Oden has been named one of American Banker's 2025 Most Powerful Women in Finance, a prestigious recognition that celebrates Racquel's out
NEW YORK--(BUSINESS WIRE)--HSBC U.S. Head of International Wealth, Premier, and Private Banking Racquel Oden today announced that Jeff Papa has been named U.S. Head of Distribution for Wealth, Premier
HSBC launched a cash concentration solution that enables clients to optimize liquidity globally and in real time and gain greater flexibility and control over cash resources. The On-Demand Cash Concen
IBM (NYSE: IBM) has rallied roughly 20% since mid-August as the Armonk-headquartered firm continued to shed its legacy image and emerge as a serious contender in quantum computing.
HSBC Asset Management launched a private credit strategy designed to provide investors with access to opportunities in global trade finance.
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