A SUCCESSFUL merger between AMMB Holdings Bhd
and EON Capital Bhd is likely to accelerate, and set standards for, more mergers and acquisitions (M&As) among other banking groups, according to analysts.
While trading in both EON Capital and AMMB Holdings shares has been suspended for the rest of the week pending the announcement of details of the merger plan on Friday, the news has already sparked some buying interest in smaller banking stocks viewed as potential takeover targets.
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