<a href="https://laohu8.com/S/CBAUF">Commonwealth Bank of Australia</a> to sell remaining stake in Bank of Hangzhou Jan 24 (Reuters) - Commonwealth Bank of Australia said on Friday it will sell its remaining 5.45% stake in Bank of Hangzhou 600926.SS to New China Life Insurance 601336.SS for A$940 million ($594 million).
($1 = 1.5825 Australian dollars)
(Reporting by Adwitiya Srivastava in Bengaluru; Editing by Sonia Cheema)
((Adwitiya.Srivastava@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments