RHB OSK

RHB Capital to buy OSK Investment Bank

RHB Capital will pay $620 million in cash and shares for OSK Investment Bank in the latest acquisition by a Malaysian bank.
<div style="text-align: left;">
RHB's headquarters in Kuala Lumpur
</div>
<div style="text-align: left;"> RHB's headquarters in Kuala Lumpur </div>

A year ago, RHB Capital was the prey; now it’s the predator. In June 2011, it was the target of Malaysian competitors CIMB and Maybank before both rivals aborted their bids. Yesterday, RHB announced a deal that should position it to rival CIMB’s domestic and regional franchise and become the country’s biggest investment bank by assets.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media