Bloomberg.com, 26 Sep 2008, Soraya Permatasari and Arijit Ghosh
Sept. 26 (Bloomberg) -- Malayan Banking Bhd. may be forced to scrap a $2.7 billion acquisition of an Indonesian lender because of opposition from Malaysia's central bank, which says the price is too high and today's deadline for the sale should be extended.
Maybank, as Malaysia's biggest bank by assets is known, said the central bank wants it to renegotiate the price of the stake, which it's buying from Singapore's state-owned Temasek Holdings Pte and Kookmin Bank, South Korea's biggest.
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