Fitch warned “cost synergies will exist but may be challenging to extract in the short term; and the merger could weaken capital buffers for CIMB if not funded by sufficient new equity.”
CIMB-RHB-MBSB mega merger risky, says Fitch
Cost synergies exist but may be challenging to extract in the short term; and the merger could weaken capital buffers for CIMB, the ratings agency warned