CIMB move will fan merger fire


THE preliminary talks for merger between CIMB Group (pic), RHB Capital Bhd and Malaysia Building Society Bhd (MBSB) indicate that some merger fever is at least getting back into the Malaysian market.

Unlike elsewhere in Asia, especially in China and Japan where mergers and acquisitions (M&As) are active, the Malaysian market has remained pretty quiet. Even in nearby Singapore, there are ocassional large M&As in the property sector.

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