| 01.06.2011 - Malaysia’s CIMB, Maybank to start competing merger talks with RHB Capital |
| CIMB Group Holdings Bhd. (CIMB) and Malayan Banking Bhd. (MAY) won separate Malaysian central bank approval to begin competing merger talks with RHB Capital Bhd. (RHBC), triggering a takeover battle that may create Southeast Asia’s biggest bank. The combined capitalization of CIMB and RHB would be $27.3 billion, based on today’s closing prices.............................................Full Article: Source |