Sunway Is Willing to Walk Away If $2.7 Billion IJM Bid Rejected

Sunway Bhd. is prepared to walk away from its offer to acquire IJM Corp. if the builder’s shareholders do not accept the conglomerate’s deal by the April 6 deadline, said...

By Ram Anand · Bloomberg Markets

Sunway Bhd. is prepared to walk away from its offer to acquire IJM Corp. if the builder’s shareholders do not accept the conglomerate’s deal by the April 6 deadline, said Sunway founder Jeffrey Cheah.