According to unnamed sources familiar with the matter quoted by Reuters, DBS Group Holdings Ltd (SGX:D05), Oversea-Chinese Banking Corporation Limited (SGX:O39) And Julius Baer Group Ltd. (SWXBAER) have submitted non-binding bids for the Asian private wealth business of Barclays PLC (LSE:BARC). According to the sources, the first round of bidding were submitted last week. The Business unit is reported to be around $600 million.
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Stocks mentioned in the article
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Change
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5d. change
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Capi.
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49.14 CHF | -0.21% | +2.34% | 11.08B | ||
34.4 SGD | -0.64% | +5.20% | 72.34B | ||
14.17 SGD | +1.07% | +4.42% | 46.35B | ||
EPS Revisions
1st Jan change | Capi. | |
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+24.39% | 35.87B | |
+12.92% | 552B | |
+13.96% | 302B | |
+8.12% | 250B | |
+23.81% | 213B | |
+15.77% | 172B | |
+6.02% | 160B | |
+4.53% | 154B | |
+1.80% | 141B | |
-11.33% | 138B |
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- DBS, Julius Baer And Oversea-Chinese Reportedly Bid For Barclays' Asian Private Wealth Business