OCBC, CIMB Said to Consider Bids for GE’s Bank of Ayudhya Stake

OCBC, CIMB Said to Consider Bids for GE’s Bank of Ayudhya Stake

Dario Pignatelli/Bloomberg

GE sold 7.6 percent of Bank of Ayudhya to institutional investors last month, and said at the time that it is reviewing “strategic” options for its remaining holding.