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Wing Hang Bank stake pits hedge fund against OCBC
Published Fri, Jul 11, 2014 · 10:00 PM
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Hong Kong
BILLIONAIRE hedge-fund manager Paul Singer may have met his match.
His Elliott Capital Advisors LP is in a face-off with Singapore's Oversea-Chinese Banking Corp over a family-owned Hong Kong bank. OCBC is trying to buy Wing Hang Bank Ltd for US$5 billion, and Mr Singer has amassed a 7.8 per cent stake in what may be an attempt t…
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