HSBC Bank Middle to sell 48.9% stake in British Arab Commercial Bank to Libyan Foreign Bank - MarketLine Financial Deals

HSBC Bank Middle to sell 48.9% stake in British Arab Commercial Bank to Libyan Foreign Bank

HSBC Bank Middle to sell 48.9% stake in British Arab Commercial Bank to Libyan Foreign Bank - MarketLine Financial Deals
HSBC Bank Middle to sell 48.9% stake in British Arab Commercial Bank to Libyan Foreign Bank
Published Jun 21, 2010
2 pages — Published Jun 21, 2010
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Abstract:

HSBC Bank Middle East Limited, a UAE-based provider of financial services, has agreed to sell 48.9% shareholding in British Arab Commercial Bank plc, a UK-based provider of trade and project financing for Arab markets, to Libyan Foreign Bank, a Libyan Arab Jamahiriya-based provider of commercial banking services, for GBP56.7 million ($82.8 million) in cash.

  
Source:
Document ID
MA27333_100623
Country
Country
Country
Ticker
HSBA=GB
Format:
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MLA:
MarketLine Financial Deals. "HSBC Bank Middle to sell 48.9% stake in British Arab Commercial Bank to Libyan Foreign Bank" Jun 21, 2010. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/HSBC-Bank-Middle-to-sell-48-9-stake-in-British-Arab-Commercial-Bank-to-Libyan-Foreign-Bank-2052-35273>
  
APA:
MarketLine Financial Deals. (2010). HSBC Bank Middle to sell 48.9% stake in British Arab Commercial Bank to Libyan Foreign Bank Jun 21, 2010. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/HSBC-Bank-Middle-to-sell-48-9-stake-in-British-Arab-Commercial-Bank-to-Libyan-Foreign-Bank-2052-35273>
  
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