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STAN Standard Chartered Plc

682.80
3.60 (0.53%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Standard Chartered Plc LSE:STAN London Ordinary Share GB0004082847 ORD USD0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.60 0.53% 682.80 683.60 684.00 690.40 679.00 681.20 6,216,062 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 18.02B 3.47B 1.2403 5.51 19.13B

First Abu Dhabi Bank Says It Is No Longer Considering Bid for Standard Chartered

05/01/2023 2:32pm

Dow Jones News


Standard Chartered (LSE:STAN)
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By Elena Vardon

 

First Abu Dhabi Bank PJSC said Thursday that it has previously considered an offer for Standard Chartered PLC but is no longer doing so, after Bloomberg reported that the United Arab Emirates bank had been exploring a bid for the London-based lender.

"First Abu Dhabi Bank confirms that it had previously been at the very early stages of evaluating a possible offer for Standard Chartered, but as of the date of this announcement, is no longer doing so." it said.

Standard Chartered shares in London at 1355 GMT were up 43 pence, or 6.5%, at 703.40 pence, having reached 797.40 pence before First Abu Dhabi's statement.

Standard Chartered told Dow Jones Newswires that the company doesn't comment on speculation.

 

Write to Elena Vardon at elena.vardon@wsj.com

 

(END) Dow Jones Newswires

January 05, 2023 09:17 ET (14:17 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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