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CIMB Is Said to Attract BPI, Metrobank for Philippine Unit Sale
Source: Bloomberg
M&A & RestructuringBanking & LiquidityEmerging Markets
CIMB Group Holdings’ planned sale of its Philippine business has reportedly drawn interest from local rivals Bank of the Philippine Islands and Metropolitan Bank & Trust Co., according to people familiar with the matter. The article provides no sale terms, timeline, or confirmation of a transaction.
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