© Reuters. FILE PHOTO: A pedestrian is reflected in the window of a branch of the Australia and New Zealand Banking Group (ANZ) in central Sydney, Australia, October 25, 2017. REUTERS/Steven Saphore/File Photo
By Scott Murdoch and Yantoultra Ngui
SYDNEY/SINGAPORE (Reuters) – Australia’s fourth-biggest bank ANZ Group is selling around 298 million shares or 9% stake worth up to $242 million in Malaysian lender AMMB Holdings or AmBank, according to a term sheet seen by Reuters on Tuesday.
The shares are being offered at between 3.80 ringgit and 3.85 ringgit per AMMB share, according…
