Thursday, July 19, 2007

UPDATE 1-Standard Chartered eyes S.Africa's Nedbank -report

(Reuters) - JOHANNESBURG, July 19 - Emerging markets specialist Standard Chartered is in takeover talks with South Africa's fourth-biggest bank, Nedbank Group , financial daily Business Day reported on Thursday.



The newspaper, citing unnamed sources, said Asia-focused Standard Chartered had been in discussions with Nedbank for some time.


Read more at Reuters.com Mergers News

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