Malaysia's sovereign wealth fund bids for GE's US$1.8bil in Thai bank
Malaysia's Khazanah Nasional Bhd is seeking to buy General Electric's $1.8 billion stake in Bank of Ayudhya, sources familiar with the matter said, pitting it against Japanese banking giant Mitsubishi UFJ Financial Group. Khazanah's bid for GE's 25.3 percent stake came as a surprise, the sources said, declining to be…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: The Star

