Malaysia's EON Capital stake sale talks stall-paper

Newswire

KUALA LUMPUR, May 26 (Reuters) - U.S. private equity firm Newbridge Capital may scrap plans to buy a fifth of Malaysian lender EON Capital because of disagreement on pricing, a newspaper reported on Saturday. Malaysian auto and banking group DRB-Hicom , which owns 20.2 percent of EON Capital, in March obtained central bank approval to start stake sale talks with Newbridge. "They've stopped negotiations at this point of time. It's a pricing issue," the Business Times quoted a source ...

Premium Content (PAID Subscription Required)

"Malaysia's EON Capital stake sale talks stall-paper" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

May 3, 2016
Video
WardsAuto

BMW 7-Series: Judging for 2016 Wards 10 Best Interiors 1

There is more technology than ever in the car, as well as an impressive array of buttons, knobs and displays throughout but their purpose is easy to fathom and the ubiquitous iDrive now complements the user experience rather than detracts from it....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×