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

Jovi Ho
Jovi Ho • 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.



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