DBS to Buy Stake in Indonesia's Bank Danamon

DBS to Buy Stake in Indonesia's Bank Danamon Play

April 2 (Bloomberg) -- DBS Group Holdings Ltd., Southeast Asia’s biggest bank, said it will pay Temasek Holdings Pte 45.2 trillion rupiah ($4.9 billion) for its 67 percent stake in PT Bank Danamon Indonesia and plans a takeover bid for the lender. Haslinda Amin reports from Singapore on Bloomberg Television's "First Up." (Source: Bloomberg)

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