TITLE

MAYBANK FINALLY GETS ITS BANK

AUTHOR(S)
Schultz, Keren Blankfeld
PUB. DATE
January 2009
SOURCE
Forbes Asia;1/12/2009, Vol. 5 Issue 1, p72
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the success of Maybank in Malaysia. It announces that the bank will purchase 56% of Bank International Indonesia for $1.5 billion. However, the bank has been required to renegotiate the terms, resulting to close the deal on September 30, 2008 with Maybank paying $1.23 billion, a 15% discount on the original price.
ACCESSION #
36271615

 

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