Oversea-Chinese Banking Corp Ltd
O39: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #gG | LOCK|l?Hq@ | LOCK|QzgpDlTr |
OCBC: Acquisition of HSBC's Indonesia Retail Business in Line With Updated Strategy
Oversea-Chinese Banking will be buying HSBC's international wealth and premier banking business in Indonesia. The final pricing has not yet been determined, but there will be a premium of SGD 480 million over the net asset value, and it should be completed in a year's time.
