Danamon's Anticlimax

There were no surprises. There was not even the close battle that many people had been waiting for. The Asia Finance Indonesia consortium won easily in the fight for the government's 51 percent stake in Bank Danamon Indonesia. The Bank Mega-Bhakti Capital Indonesia-Credit Suisse First Boston (CSFB) consortium, Asia Finance's competitor that was initially considered to be strong enough to give the Singaporean German consortium a run for its mone

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