CIMB Says ‘Good Time’ to Invest in Battered Indonesia, Seeks M&A
CIMB Group Holdings Bhd., Malaysia’s second-biggest bank, says it’s seeking merger and acquisition opportunities in neighboring Indonesia despite a slump in investor confidence in Southeast Asia’s biggest economy.
By Joy Lee · Bloomberg Markets
CIMB Group Holdings Bhd., Malaysia’s second-biggest bank, says it’s seeking merger and acquisition opportunities in neighboring Indonesia despite a slump in investor confidence in Southeast Asia’s biggest economy.