Standard Chartered to buy American Express Bank
Article Abstract:
UK bank Standard Chartered PLC is acquiring New York-based American Express Bank Ltd. for approximately $1.1 bil, which includes payment for American Express's Cayman Islands subsidiary residuals. The deal will double Standard Chartered's dollar clearing business and increase its global presence.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
United Kingdom, United States, Standard Chartered PLC, American Express Bank Ltd. (New York, New York)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Dutch ING trolls for smaller deals: Turkish pact is shift from the pursuit of bigger takeovers
Article Abstract:
Dutch financial services entity ING Groep N.V. has purchased Turkey's Oyak Bank a.s. for approximately $2.7 bil as part of a strategic plan to make smaller acquisitions in developing markets.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Netherlands, Turkey, ING Groep N.V., Oyak Bank a.s.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Comment about this article or add new information about this topic:
Subjects list: Banking industry, Mergers, acquisitions and divestments, Financial services industry, Financial services, Company acquisition/merger
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