Is HSBC’s US$13.6 Billion Buyout Offer Good Enough for Hang Seng Bank Investors?

HSBC’s $14 Billion Deal Supercharges Exuberant Year in Hong Kong

This year was already a fertile one for dealmakers in Hong Kong leading into Thursday. Then came HSBC Holdings Plc with its proposed $14 billion buyout of Hang Seng Bank Ltd. to really put a rocket under things.

Is HSBC’s US$13.6 billion buyout offer good enough for Hang Seng Bank investors?

While the premium for Hang Seng Bank shares is huge, analysts debate if it is a win-win for investors and HSBC’s long-term value.

HSBC to Buy Out Minority Shareholders in Hang Seng Bank in $13.6bn Deal Amid Hong Kong Property Turmoil

HSBC Holdings has announced plans to acquire the remaining 36.5% stake it does not already own in Hong Kong’s Hang Seng Bank for HK$106.1 billion ($13.6 billion), in a move that underscores both confidence in its Asian growth strategy and growing challenges in the region’s property-driven financial market. According to Reuters, the banking giant said […] The post HSBC to Buy Out Minority Shareholders in Hang Seng Bank in $13.6bn Deal Amid Hong K…

HSBC Purchases Hang Seng Bank for $38.5B in Privatization

HSBC is planning to privatize Hang Seng Bank, one of the largest local banks in Hong Kong, in a deal valued at nearly HKD 300 billion (about USD 38.5 billion). This move will lead to the bank’s removal from the Hong Kong Stock Exchange. The two institutions announced yesterday a plan to delist Hang Seng Bank, offering HKD 155 (approximately USD 19.90) per share to take the bank private. HSBC, which is based in London, currently owns over 63% of …