DBS Spurns Stake in Danamon by Ending $6.5B Bid

DBS Spurns Stake in Danamon by Ending $6.5B Bid Play

Aug. 1 (Bloomberg) -- DBS Group Holdings ended a bid to buy PT Bank Danamon Indonesia for $6.5 billion in what would have been Southeast Asia’s largest banking takeover after failing to win regulatory approval for a majority stake. Mia Saini reports on Bloomberg Television's "First Up." (Source: Bloomberg)

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus