Standard Chartered to sell selected private equity investments

2nd Jul 2014 17:52

Standard Chartered will soon begin selling a £500m portfolio of private-equity investments, according to media speculation.The bank will sell minority stakes in companies it owns including those in India, Bloomberg reported, citing two people with knowledge of the situation.Shares in the London-listed lender were up 2.62% to 1224.25p by 16:00 on Wednesday.OH

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