OCBC Can “Blink and Stare” At Wing Hang BankMani
Following Elliott Management's enhancing its stake in Wing Hang Bank, Limited (HKG:0302) (OTCMKTS:WGHGY), OCBC has two options of “blink’ and “stare”, and it’s more likely that OCBC doesn’t increase its offer price, note Credit Suisse analysts.
Elliott ups stake in Wing Hang
As reported earlier, Elliot Management, run by billionaire Paul Singer, disclosed in its filings with the Hong Kong Securities and Futures Commission last week that it has . . .
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