--Standard Chartered PLC (STAN.LN) has sold its principal finance real-estate business in Asia to Actis, according to a statement from Actis and a Reuters report Monday.

--The acquired business has 20 real estate professionals and includes seven assets in China, India and South Korea.

--According to Reuters, Standard Chartered is in talks to sell its private-equity business to Intermediate Capital Group PLC (ICP.LN).

Full story at www.reuters.com/article/us-stanchart-m-a-actis/exclusive-standard-chartered-sells-real-estate-business-to-actis-and-icg-idUSKCN1L51GN

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

August 20, 2018 15:21 ET (19:21 GMT)

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