An Acquisition of Major Proportion
Wednesday, April 11, 2012
If it goes through, Singapore-based DBS Bank's bid for a controlling stake in Indonesia's Bank Danamon will be the largest in this nation, following the acquisition of cigarette conglomerate Sampoerna by Philip Morris.
arsip tempo : 178041848866.
Flying out from Singapore to Jakarta, DBS's CEO, Piyush Gupta had big news to share -DBS was bidding to buy a controlling stake in Indonesia's Bank Danamon. For 6.2 billion Singapore dollars, DBS, the owner of Southeast Asia's largest bank, planned to buy Temasek's 67.37 percent stake in Danamon from a unit of Singaporean sovereign wealth fund Temasek Holdings. DBS hoped to buy the remainder of the shares it does not own from minority owners. Should
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