Standard Chartered in Middle East USD 100mn equity deal.

By bne IntelliNews October 21, 2010

Standard Chartered Bank plans to close an USD 100mn private equity deal before the end of 2010, Trade Arabia business website reported without disclosing more details. The first private equity in the region will focus on sectors including oil and gas, retail, telecoms and manufacturing. Earlier in October, Standard Chartered announced the launch of its new operating leasing platform for shipping clients in Asia, Africa and the Middle East.

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