By Benjamin Horney ( November 12, 2015, 8:36 PM EST) -- Postal Savings Bank of China is nearing the $8 billion sale of a 15 percent stake to mostly foreign investors, Reuters reported on Thursday. According to the report, which comes just days after rumors sprouted that the bank was closing in on such a sale, with supposed buyers including JP Morgan Chase & Co., UBS AG and Singapore's state investment company Temasek Holdings. Postal Savings Bank of China is also purportedly planning a $10 billion Hong Kong initial public offering for late next year....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.