Standard Bank is announced it has concluded an agreement with its controlled company, Liberty Group, to buy all the remaining shares that it doesn't own. The transaction is awaiting regulatory approval. On the charts, SBK has been trading lower and it is approaching a minor uptrend line, which could be a turning point to the upside. The potential yield is 60-84%.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.