HSBC To Buy Costa Rica Minority Shareholders Interests

Under the terms of the offer, the maximum consideration to be paid for the acquisition of a total of 1,112,672,425 common shares (2.75%) will be $6,938,405.

Friday, March 6, 2009

Grupo del Istmo Costa Rica S.A. (Grupo Istmo), an indirectly owned subsidiary of HSBC Bank (Panama), is launching a public tender offer to acquire the interests of the minority shareholders of Corporación HSBC (Costa Rica) Sociedad Anónima, ('Corporación HSBC').

The offer ends on 25 March 2009.

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