HSBC to acquire Panama?s Grupo Banistmo

Sushubh

Administrator
[OP]
Oct 29, 2004
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Gurugram
HSBC to acquire Panama’s Grupo Banistmo
European banking giant HSBC has confirmed that they are going to acquire Panama’s Grupo Banistmo in a friendly takeover deal worth around 958 million pounds.
This deal would further boost their presence in the Latin American market. The deal would be conducted in a cash-only transaction and HSBC would be paying [...]

http://business.techwhack.co/953/panamas-grupo-banistmo/
 

Boone

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Dec 16, 2008
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:dance: It is nice to hear about HSBC, I heard that in some of the South Asian govenment have been banned them in their countries, Is that true 'newsman'?