Sunday, April 1, 2012

DBS to pay $7.2 billion for Indonesia's Bank Danamon

SINGAPORE (Reuters) - DBS Group Holdings , Southeast Asia's biggest bank, has agreed to pay $7.24 billion for Indonesia's Bank Danamon , offering a hefty 52 percent premium and raising questions among investors over whether it has overpaid.
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DBS to pay $7.2 billion for Indonesia's Bank

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