Australia and New Zealand Banking Group (ANZ Bank) is searching for a buyer for its 10 percent stake in Vietnam’s Sacombank. The asset is valued at $81 million. HSBC and Standard Chartered also have stakes in Vietnamese lenders.
For these and other Reuters’ deals stories, click here.
And elsewhere in other media:
Anglo-Australian miner Rio Tinto is in talks with China’s top aluminium group, Chinalco, to develop the Simandou iron ore project in Guinea at an expected cost of $12 billion, Australian newspaper the Age reports.
Australian group Liquefied Natural Gas Ltd has halted construction of its Fisherman’s Landing LNG project pending a takeover offer for its partner, Arrow Energy, according to The Australian Financial Review.