KUALA LUMPUR: Khazanah Nasional Bhd is seeking to buy General Electric's (GE) US$1.8bil (RM5.61bil) stake in Bank of Ayudhya, sources said, pitting it against Japanese banking giant Mitsubishi UFJ Financial Group (MUFG).
Khazanah's bid for GE's 25.3% stake came as a surprise, the sources said, declining to be identified as the information was not public.
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