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)

  • On Air Now

    The Pulse Watch Now

  • Next

    Bloomberg Surveillance

blog comments powered by Disqus