Singapore's OCBC makes $1 bln bid for 11.6% stake in Great Eastern

Great Eastern Holdings

10/05/2024 24:07

May 10 (Reuters) - Singapore's second-biggest lender,
OCBC  OCBC.SI , announced a S$1.4 billion ($1.04 billion) bid to
acquire a 11.56% stake in Great Eastern Holdings  GELA.SI  on
Friday. 
    
($1 = 1.3519 Singapore dollars)

 (Reporting by Poonam Behura; Editing by Pooja Desai)
 ((Poonam.Behura@thomsonreuters.com;))