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
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