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StanChart in discussions to sell HK unit to Pepper Australia

Wednesday, September 24, 2014 - 00:00

[HONG KONG] Standard Chartered is in advanced talks to sell its Hong Kong consumer finance business to finance firm Pepper Australia Pty Ltd in a deal that could fetch between US$500 million and US$700 million, people familiar with the deal said here on Tuesday. Standard Chartered is sharpening