sino says Pinegrove Opportunity Partners buys HSBC’s 21% stake
Reuters2026/08/05 12:17- Pinegrove Opportunity Partners agreed to buy HSBC’s roughly 21% stake in sino, ending HSBC’s near 25-year shareholding.
- Closing is subject to customary conditions, including BaFin approval under Germany’s owner-control process; completion expected in 2H 2026 or 1H 2027.
- No supervisory board changes planned in connection with the transaction.
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