After making bids for the Hong Kong bank earlier this year, Singaporean lender OCBC announced the completion of the US$5 billion takeover of Wing Hang Bank, now owning 97.5%. In a statement to Hong Kong’s stock exchange yesterday, OCBC, Southeast Asia’s second-larger lender, revealed plans to delist Wing Hang bank. Since the acquisition crossed the 90 percent mark, OCBC is entitled…
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