HSBC Holdings Plc, said it will offer 2,652 rupiah apiece to buy shares it doesn't own in PT Bank Ekonomi Raharja, an Indonesian lender to traders and restaurants.
The London-based HSBC completed its acquisition of 88.89 percent of Bank Ekonomi for $607.5 million in cash, HSBC said in a statement on May 22.
Monday, May 25, 2009
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