Japan's Sumitomo, Carlyle Contenders for RHB Stake

Japan's Sumitomo Mitsui Banking Group and buyout shop Carlyle Group are expected to place first round bids for a stake in Malaysian lender RHB, Reuters reported. Carlyle is expected to bid for the stake and is in discussions with other potential partners, sources with knowledge of the deal told Reuters.

DealsNorth AmericaUSBriefs