{"id":42993,"date":"2014-07-11T07:54:20","date_gmt":"2014-07-11T11:54:20","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=42993"},"modified":"2014-07-11T07:54:20","modified_gmt":"2014-07-11T11:54:20","slug":"ocbc-in-face-off-with-hedge-fund-manager-over-wing-hang-bank","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2014\/ocbc-in-face-off-with-hedge-fund-manager-over-wing-hang-bank.html","title":{"rendered":"OCBC in face-off with hedge fund manager over Wing Hang Bank"},"content":{"rendered":"<p>Malaymail &#8211; Billionaire hedge-fund manager Paul Singer may have met his match.<\/p>\n<p>His Elliott Capital Advisors LP is in a face-off with Singapore\u2019s Oversea-Chinese Banking Corp. over a family-owned Hong Kong bank. OCBC is trying to buy Wing Hang Bank Ltd. for US$5 billion (RM15.9 billion), and Singer has amassed a 7.8 per cent stake in what may be an attempt to extract a higher bid from OCBC, Mizuho Financial Group Inc. says. If Elliott gets a bigger stake or enough shareholder support, the hedge fund could stop OCBC\u2019s plans to delist Wing Hang and cap its ownership at 75 per cent.<\/p>\n<p><a href=\"http:\/\/www.themalaymailonline.com\/money\/article\/ocbc-in-face-off-with-hedge-fund-manager-over-wing-hang-bank\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaymail &#8211; Billionaire hedge-fund manager Paul Singer may have met his match. His Elliott Capital Advisors LP is in a face-off with Singapore\u2019s Oversea-Chinese Banking Corp. over a family-owned Hong Kong bank. OCBC is trying to buy Wing Hang Bank [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-42993","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=42993"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42993\/revisions"}],"predecessor-version":[{"id":42994,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42993\/revisions\/42994"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=42993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=42993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=42993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}