HSBC to sell office towers (Dealscape

British banking giant HSBC Holdings plc is looking to raise about £2.7 billion ($4 billion) through the sale of three of its biggest office buildings as it hopes to avoid a government bailout.

HSBC, Europe's largest bank, confirmed the proposed sale on Monday after it was reported in The London Sunday Times.

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NOT A SUBSCRIBER? HSBC to sell office towers Posted on April 13, 2009 6:30 PM British banking giant HSBC Holdings plc is looking to raise about £2.7 billion ($4 billion) through the sale of three of its biggest office buildings as it hopes to avoid a government bailout. HSBC, Europe's largest bank, confirmed the proposed sale on Monday after it was reported in The London Sunday Times. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline. 1,080 articles related to HSBC Holdings plc 256 in-depth reports of M&A deals in the Real Estate sector 167 articles related to Canary Wharf 24 company pages related to HSBC 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Birds Eye Cadbury AG Agrium Inc. Skadden Arps Revolution Money Tandberg ASA Aisling Capital Ken Lewis Natco		EXISTING USERS Username Password Forget your password? Missing a product?

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