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UOB's acquisition of Citi assets 'checks all the right boxes', analysts reiterate 'buy' calls

Jovi Ho
Jovi Ho1/17/2022 11:44 AM GMT+08  • 5 min read
UOB's acquisition of Citi assets 'checks all the right boxes', analysts reiterate 'buy' calls
The move lands UOB four birds with just one stone, writes one analyst.
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Analysts have nothing but praise for United Overseas Bank’s (UOB) near $5 billion acquisition of Citi’s consumer business in Indonesia, Malaysia, Thailand and Vietnam, announced Jan 14.


See: UOB to acquire Citi's consumer business in Indonesia, Malaysia, Thailand, Vietnam for $5 billion

See also: The market likes UOB's acquisition of Citi's consumer banking business

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