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Wednesday, February 23, 2011

Indonesia’s Bank Danamon Stirs Takeover Interest, FT Reports

PT Bank Danamon Indonesia, which had net income of $320 million last year, is the object of takeover interest at several foreign companies, including Bank of China Ltd., Standard Chartered Plc and Jardine Matheson Holdings Ltd., the Financial Times reported, citing an unidentified person close to Danamon and unidentified bankers.Source: Bloomberg

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