San Miguel sells control of banking unit to CIMB


Reuters     Published     Updated     comments

Malaysia’s second-largest lender, CIMB Group Holdings Bhd, will pay nearly US$300 million to buy a 58 percent stake in San Miguel Corp’s banking unit, the president of San Miguel said today.


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San Miguel sells control of banking unit to CIMB

Reuters,

Malaysia’s second-largest lender, CIMB Group Holdings Bhd, will pay nearly US$300 million to buy a 58 percent stake in San Miguel Corp’s banking unit, the president of San Miguel said today.


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