"Wing Hang"

Hong Kong banks attract suitors

Wing Hang Bank is the second of four family controlled lenders to attract a takeover approach. M&A bankers and analysts calculate the likelihood of talk turning into deals.

Wing Hang said its controlling shareholders had been approached by independent third parties about selling their shares.

Alison Tudor-Ackroyd

September 17, 2013

Wing Hang Bank is the latest family owned lender in Hong Kong to say it has received a takeover approach, prompting talk of sector-wide consolidation.

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