UPDATE 1-SMFG’s chances of majority stake in Permata up after Singapore banks opt out-sources
Sumitomo Mitsui Financial
Group’s (SMFG) chances of acquiring a majority stake in
Indonesia’s PT Bank Permata have improved after two
key rivals dropped out of the race to buy the $2.4
billion-valued lender, sources said on Friday.
Group’s (SMFG) chances of acquiring a majority stake in
Indonesia’s PT Bank Permata have improved after two
key rivals dropped out of the race to buy the $2.4
billion-valued lender, sources said on Friday.
Posted by Reuters