Tuesday 14 February 2012

Abu Dhabi fund eyes sale of $1.3 bln Malaysia bank stake - sources | Agricultural Commodities | Reuters

An Abu Dhabi sovereign wealth fund is exploring the sale of its $1.3 billion stake in Malaysian lender RHB Capital Bhd, six months after buying the shares, sources familiar with the matter told Reuters.

The fund had engaged in early talks with Japan's Sumitomo Mitsui Banking Corp (SMBC), they said.

The sources declined to be identified as they were not authorised to speak to the media.

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