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Article: BOA SALE: Amro looks for a `track record', NATION
- Article from:
- The Nation (Thailand)
- Article date:
- February 23, 2004
- Author:
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Jiwamol Kanoksilp, Somruedi Banchongduang
The Nation (Thailand)
02-23-2004
UOB seen as most likely contender for bank stake ABN Amro Bank, the Dutch
bank that is putting its majority stake in Bank of Asia (BOA) up for international
bidding, is in favour of a bidder with a "track record" in the banking
business, banking sources say.
This has raised speculation that Singapore's United Overseas Bank
(UOB) is the leading candidate to buy the 80.77-per-cent stake in BOA and
that major bidder Com-Link Ltd, a telecom firm, has only a slim chance.
There was also a report by Krungthep Thurakij newspaper over the
weekend that UOB had already been chosen for the short list of bidders.
"Considering its global ...
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Article: ABN Amro Here to Stay in Thailand.
Bangkok Post (Bangkok, Thailand);
February 19, 2004 ;
534 words
... ... denied any knowledge of ABN Amro's intentions regarding ... of Asia. "Whether [ABN Amro] will withdraw from BOA, I don't know. You ... early yesterday that ABN Amro was looking to divest its holdings in BOA. He said under the new ...
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