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Malaysia’s CIMB Is Said to Consider Selling Philippines Business
Source: Bloomberg
M&A & RestructuringBanking & LiquidityCompany FundamentalsEmerging Markets
CIMB Group Holdings is exploring a sale of its Philippines business, according to people familiar with the matter. The move is part of efforts to streamline operations and focus on larger markets for growth; no sale or transaction terms have been confirmed.
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