EON Cap-HLB saga takes a new twist


PETALING JAYA: EON Capital Bhd’s (EON Cap) request for Hong Leong Bank Bhd (HLB) to consider offering a share option to the former’s shareholders has put a new twist to the banks’ merger and acquisition saga.

The request for a part equity deal could mean that it is back to the drawing board for HLB and possibly a further delay in concluding the deal.

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