Announced
Financials
Sources
Tags
Armenia
banking
Acquisition
Private
Banks
Majority
Single Bidder
Domestic
Pending
Friendly
Synopsis
Ardshinbank, an Armenian commercial bank, agreed to acquire the Armenian unit from HSBC, a banking and financial services organization. Financial terms were not disclosed. A series of disposals of non-core businesses aimed at tightening HSBC's global footprint.
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