RHB-AMMB merger likely to be all-share deal

RHB Bank and AMMB said the transaction will effectively be an all shares merger.

Analysts say stock swap is simple, but the issue will be valuation

PETALING JAYA: In what would be the biggest banking deal in recent years if it materialises, RHB Bank Bhd and AMMB Holdings Bhd have announced that they have obtained approval from Bank Negara for the two parties to commence discussions for a proposed merger.