BRIEF-Standard Bank says Mexico's Inbursa to acquire Brazilian banking unit

lunes 17 de marzo de 2014 03:23 GYT

JOHANNESBURG, March 17 (Reuters) - Standard Bank Group : * Has reached agreement with Grupo Financiero Inbursa SAB, for Inbursa to acquire co's Brazilian licensed banking subsidiary * Price to be determined with reference to the closing net asset value of BSI, which is currently approximately $45 million * Says transaction is subject to regulatory approvals in South Africa, Brazil and Mexico