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Abu Dhabi fund eyes sale of $1.3B Malaysia Bank stake

Abu Dhabi fund eyes sale of $1.3B Malaysia Bank stake

An Abu Dhabi sovereign wealth fund is exploring the sale of its $1.3 billion stake in Malaysian lender RHB Capital Bhd six months after buying the shares, sources familiar with the matter told Reuters, and has engaged in early talks with Japan's Sumitomo Mitsui Banking Corp (SMBC).

February 14, 2012 2:21