HSBC Lebanon is holding negotiations with staff members before deciding which bank will acquire its Dora operation. With three managers and staff in Lebanon , Bank Audi and isdiscussing compensation rates with employees with the acquisition set to be cancelled if HSBC management cannot reach agreements with staff members. Azhari refused to acknowledge reports that BLOM has a better chance to buy the retail operations of HSBC. BLOM , Byblos Bank BLOM have all made bids for the bank with an acquisition expected to cost up to $100m .
HSBC Lebanon is holding negotiations with staff members before deciding which bank will acquire its Dora operation. With three managers and staff in Lebanon , Bank Audi and isdiscussing compensation rates with employees with the acquisition set to be cancelled if HSBC management cannot reach agreements with staff members. BLOM , Byblos Bank BLOM have all made bids for the bank with an acquisition expected to cost up to $100m .