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 Buyout failed, then ask me to absorb myself

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Mavik
post Oct 20 2022, 03:48 PM

Patience is a virtue
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Elite
7,826 posts

Joined: Jan 2003



Sounds like a communication breakdown by all parties. Company B didn't state it clearly that they needed the figure to request for an approval. Company A assumed that it was already a done deal. At the end of the day, if you are really keen on the bank (probably CIMB), think of it as an investment.

 

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