M&A deal in the making with Public Bank- LPI Capital suspension – RHB IB
KUALA LUMPUR: RHB Investment Bank Bhd (RHB IB) said the trading suspension requested by Public Bank Bhd and LPI Capital Bhd of their respective shares lends credence to media reports of a deal being struck. In a research note today, RHB IB said that based on its estimation, an all-cash deal would be earnings and return of equity (ROE) accretive,...