HSBC Unit to Discuss Merger Offer With Sohar International

This article was originally published on Nasdaq

HSBC Bank Oman, a unit of HSBC Holdings plc HSBC, has agreed to hold preliminary talks with Sohar International Bank after the latter showed interest in merging with HSBC. Last week, Sohar International held out the possibility of a cash-and-shares deal to merge with HSBC

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