CIMB Group Holdings Bhd, Malaysia’s second-largest lender, has closed the deal to acquire around 58-percent stake in the banking unit of diversified Philippine Conglomerate San Miguel Corp. (SMC).
“The deal was reached last night [Monday night]. Closing within 30 days or something,” SMC President Ramon Ang told reporters after the company’s stockholders’ meeting held on Tuesday.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.