Bloomberg – Elliott Management Corp., Paul Singer’s hedge-fund firm, sold shares in Wing Hang Bank Ltd. (302) for HK$3 billion ($387 million) near the end of Oversea-Chinese Banking Corp.’s offer to take the lender private.
Elliott, with $24.8 billion of assets, sold its entire holdings of 24 million Wing Hang shares at HK$125 each off exchange on July 29, according to a filing posted on the website of Hong Kong’s stock exchange today.
