Friday, May 25, 2007

Malaysia's EON Capital stake sale talks stall-paper

(Reuters) - "They've stopped negotiations at this point of time. It's a
pricing issue," the Business Times quoted a source familiar
with the talks as saying. It is believed DRB, the single
largest shareholder in Malaysia's seventh-ranked lender EON
Capital, was looking to sell its stake at 9-10 ringgit a share,
the paper said.




EON Capital shares closed at 6.80 ringgit on Friday.


Read more at Reuters.com Mergers News

No comments: