Australia and New Zealand Banking Group
(ASX:ANZ) and Singapore's United Overseas Bank are considering an offer for Hong Kong's Wing Hang Bank Ltd, according to media reports.
Wing Hang reportedly announced its controlling shareholders had received preliminary offers to purchase their shares but did not name the bidders.
ANZ is pursuing a growth strategy of expansion across Asia.
Wing Hang is the second family-run Hong Kong bank to receive a takeover offer since August, after Chong Hing Bank said it had received offers for multiple parties but did not name them, according to reports.
ANZ reported a net profit of $2.9 billion in the first half of its 2013 financial year.
