KUALA LUMPUR (March 1): CIMB Group moved a closer to the proposed acquisition of certain assets of The Royal Bank of Scotland in Asia Pacific.
CIMB Group said on Thursday it had signed an MoU for the proposed acquisition of certain of the cash equities, equity capital markets and corporate finance businesses.
“The MoU provides for the parties to negotiate exclusively with each other and finalise the scope and terms of a sale and purchase agreement,” said CIMB Group in a statement.
CIMB Group said on Thursday it had signed an MoU for the proposed acquisition of certain of the cash equities, equity capital markets and corporate finance businesses.
“The MoU provides for the parties to negotiate exclusively with each other and finalise the scope and terms of a sale and purchase agreement,” said CIMB Group in a statement.
