China Construction Bank Mulls Stake in EON Capital

China Construction Bank Corp. has approached the Malaysian government about buying a stake in private equity-backed lender EON Capital, Reuters reported. EON Capital is currently the subject of a legal battle involving its largest shareholder, Hong Kong-based private equity fund Primus Pacific Partners, and other shareholders, over a plan by Hong Leong Bank to acquire the smaller lender, Reuters reported. Primus filed a lawsuit to stop Hong Leong Bank from taking over EON Capital.

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