International Finance

Tag : merger

Islamic Banking

Three Malaysia banks announce merger

The combined entity will become South East Asia’s fourth largest commercial lender and Islamic bank IFM Correspondent October 14, 2014: CIMB Group Holdings Berhad, RHB Capital Berhad and Malaysia Building Society Berhad announced on October 9, 2014 that an application has been made to the country’s central bank seeking approval for its proposed three-way merger....
Business Leaders

Tim Hortons, Burger King join hands to create world’s third largest QSR company

The combined entity will have approximately $23 billion in system sales, over 18,000 restaurants in 100 countries and two strong, thriving, independent brands August 28, 2014: Tim Hortons Inc. and Burger King Worldwide Inc. on Tuesday announced a definitive agreement under which the two companies will create a new global powerhouse in the quick service...