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S.Africa's Standard Bank to appeal $60 mln arbitration ruling
JOHANNESBURG |
JOHANNESBURG Dec 7 (Reuters) - South Africa's Standard Bank said on Friday it would appeal an arbitration ruling to refund at least $60 million worth of shares to a union pension fund.
"Standard Bank will, within a week, appeal the whole of the award of the arbitrator," Africa's largest lender said in a statement.
(Reporting by David Dolan; Editing by Ed Cropley)
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