BRIEF-HSBC unit to sell stake in Bao Viet Holdings to sumitomo Life Insurance for about $340 mln

LONDON Thu Dec 20, 2012 5:22am EST

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LONDON Dec 20 (Reuters) - HSBC Holdings PLC : * HSBC to sell shareholding in bao viet holdings * Unit to sell its entire 18% shareholding in bao viet holdings to sumitomo

life insurance for vnd7,098bn * Completion of the transaction is expected to take place during the first

quarter of 2013

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