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'DBS stake talks in Alliance stalled'
Mint Mumbai
|September 03, 2025
BS Group Holdings Ltd's plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore's biggest bank has yet to get regulatory approval to commence talks, according to people with knowledge of the matter.
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DBS and Alliance's largest shareholder Vertical Theme submitted separate applications to Malaysia's central bank about eight months ago but haven't heard back from the regulat
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