Carlyle, TPG Mull Joint Bid for RBH Capital

Buyout shops Carlyle Group and TPG Capital are in talks to launch a joint effort to buy a $1.5 billion stake in Malaysia’s RHB Capital, Reuters reported. Abu Dhabi Commercial Bank owns the stake. The buyout firms have hired an investment bank to advise them on the potential offer, though the name of the bank was not released. Goldman Sachs and Bank of America-Merrill Lynch are running the auction for Abu Dhabi Commercial Bank, Reuters said.

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