Bloomberg News

Caixa Won’t Accept Bidvest Offer for Its Mercantile Bank Unit

July 06, 2011

July 6 (Bloomberg) -- Mercantile Bank Holdings Ltd. said the board of directors of its controlling shareholder Caixa Geral De Depositas SA will not provide support for a takeover offer for Mercantile from Bidvest Group Ltd.’s banking unit.

Link to Statement:{NSN LNX38K3HBS3K <GO>}

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net


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