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2066 — Shengjing Bank Co News Story

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Shenyang's local government raises bid to take Shengjing Bank private

Sept 12 - Shenyang's local government has sweetened its offer to take Shengjing Bank 2066.HK private, in a deal that now values the commercial lender at HK$14.07 billion ($1.81 billion), the bank said on Friday.

($1 = 7.7828 Hong Kong dollars)

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Shinjini Ganguli)

 ((Rishav.Chatterjee@thomsonreuters.com;))

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