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OCBC gets requisite nods for Wing Hang takeover

Saturday, June 28, 2014 - 06:00

Singapore OVERSEA-Chinese Banking Corp Ltd (OCBC) said all the pre-conditions to an agreement to buy Hong Kong's Wing Hang Bank Ltd had been satisfied, as various regulators had given their blessing to the US$4.95 billion deal. OCBC, Singapore's second-largest lender, said the parties had