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Hong Kong Turmoil Hurts $3 Billion Fubon Bank Unit Sale

Negotiations with potential buyers, mostly from mainland China, have slowed in recent months and it will probably take longer to reach a deal, the people said, asking not to be named because the talks are confidential. Twenty-one straight weekends of protests are giving companies pause on potential investments in Hong Kong, the people said.

Still, the sale process hasn’t officially been shelved. Both Fubon and potential buyers remain interested in reaching an agreement, the people said.