Public Bank To Acquire 44.15 Pct In LPI Capital For RM1.72 Bln Cash
KUALA LUMPUR, Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.
Following the proposed acquisition, Public Bank will be required