January 29, 2014 / 11:17 AM / 3 years ago

REPEAT-BRIEF-Standard Bank to sell interest in London-based global markets unit for about $765 mln

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(Repeats to add company ticker for ICBC)

Jan 29 (Reuters) - JOHANNESBURG, Jan 29 (Reuters) - Standard Bank Group : * Disposal by Standard Bank Group of a controlling interest in its London based global markets business * Says grant of an option to ICBC by Standard Bank Group over a further 20 pct in Standard Bank Plc * Says disposal of 60 pct of the ordinary share capital of Standard Bank Plc * Says purchase price would be approximately $765 million * Intended that Standard Bank and subsidiaries will be renamed upon completion

to reflect the changed ownership

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