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Standard Chartered sells principal finance business to Actis and ICG

Updated : August 20, 2018 11:45 PM IST

StanChart has separately completed the sale of the other half of its principal finance unit, comprising its real estate investment business in Asia, to private equity firm Actis, the bank said on Monday.
The UK-based bank, whose business is focused on Asia, Africa and the Middle East, did not disclose the size of that deal.
Standard Chartered sells principal finance business to Actis and ICG

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