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| Name | Symbol | Market | Type |
|---|---|---|---|
| Standard Bank Group Ltd (PK) | USOTC:SGBLY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.06 | 0.52% | 11.55 | 11.52 | 11.59 | 11.55 | 11.45 | 11.50 | 7,483 | 16:21:54 |
From Jul 2019 to Jul 2024
By Wayne Ma
Industrial & Commercial Bank of China Ltd., the mainland's largest bank, said Wednesday that it received regulatory approval from China, the U.K. and South Africa to buy a 60% stake in Standard Bank PLC.
ICBC said in a statement that it entered into a share-purchase agreement in January to acquire the majority stake of Standard Bank from Standard Bank London Holdings Ltd.
ICBC said certain conditions related to the transaction still need to be fulfilled and that another announcement would be made once the deal is formally closed.
Write to Wayne Ma at wayne.ma@wsj.com
Access Investor Kit for Industrial & Commercial Bank of China Ltd.
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=CNE000001P37
Access Investor Kit for Industrial & Commercial Bank of China Ltd.
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=CNE1000003G1
Access Investor Kit for Industrial & Commercial Bank of China Ltd.
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Access Investor Kit for Standard Bank Group Ltd.
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US8531182066
Access Investor Kit for Standard Bank Group Ltd.
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=ZAE000109815
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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