DBS Chairman Seah on Purchase of Danamon
April 2 (Bloomberg) -- DBS Group Holdings Ltd. Chairman Peter Seah speaks about the company's planned purchase of PT Bank Danamon Indonesia.
DBS offered to buy Bank Danamon for about $7.2 billion, the biggest takeover by a Southeast Asian lender, to tap a market growing at the fastest pace since before the 1997 Asian crisis. Seah spoke with Bloomberg's Sanat Vallikappen in Singapore. (Excerpt. Source: Bloomberg)