(Reuters) - Shares in South Africa's fourth-biggest bank, Nedbank Group Ltd, jumped six percent on Thursday after a report that Standard Chartered was in talks to acquire the group.
Nedbank shares rose as much as 6.25 percent to 144.50 rand, adding 3.9 billion rand to its market value, after Business Day quoted unnamed sources as saying the South African bank had been in talks with Standard Chartered for some time.
Read more at Reuters Africa
Nedbank shares rose as much as 6.25 percent to 144.50 rand, adding 3.9 billion rand to its market value, after Business Day quoted unnamed sources as saying the South African bank had been in talks with Standard Chartered for some time.
Read more at Reuters Africa
