Standard Chartered close to selling real estate principal finance unit to Actis: report1 min read . Updated: 23 Nov 2017, 01:51 AM IST
StanChart is also in discussions to sell its private equity unit, which is the other part of the principal finance business
New Delhi/Hong Kong: Standard Chartered is close to selling its real estate principal finance unit to private equity firm Actis, people with knowledge of the matter said, following the bank’s decision last year to exit the loss-making business.
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