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AJIB Abrdn Japan Investment Trust Plc

0.00
0.00 (0.00%)
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Abrdn Japan Investment Trust Plc LSE:AJIB London Ordinary Share GB00BPTJYW21 ORD 10P 'B' RIGHTS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

HSBC Sells Jordan Business

20/01/2014 1:35pm

Dow Jones News


Abrdn Japan Investment (LSE:AJIB)
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By Rory Gallivan

LONDON--HSBC Holdings PLC (HSBA.LN) said Monday that its subsidiary HSBC Bank Middle East Ltd has agreed to sell its banking business in Jordan to Arab Jordan Investment Bank (AJIB.AJ) for an undisclosed fee.

At Sept. 30, 2013, the business comprised four branches with gross assets of approximately $1.2 billion, HSBC said, adding that the transaction is expected to complete in the first half of 2014.

-HSBC shares at 1248 GMT, down 4 pence, or 0.55%, at 674 pence valuing the company at 126.1 billion pounds ($207.0 billion).

Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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