Southeast Asia's largest bank DBS , has given no formal indication of plans to purchase Singapore state investor Temasek's $3.8 billion stake in Indonesia's Bank Danamon , an Indonesian central bank's deputy governor said on Wednesday.
"Officially we haven't received ... either inquiry or notification," said Halim Alamsyah, the central bank's deputy governor on banking supervision, in an interview with Reuters.
The market has been excited about the possibility DBS would this year make a bid for Temasek's 67 percent stake in Danamon, the nation's sixth largest lender, although both parties have poured cold water on a possible deal.
Danamon shares have surged as much as 14 percent this year, easily beating Jakarta main index , which is down 7.7 percent.
Alamsyah said, however, that three local banks were the target of foreign buyers, but declined to give any details. Source: Reuters
"Officially we haven't received ... either inquiry or notification," said Halim Alamsyah, the central bank's deputy governor on banking supervision, in an interview with Reuters.
The market has been excited about the possibility DBS would this year make a bid for Temasek's 67 percent stake in Danamon, the nation's sixth largest lender, although both parties have poured cold water on a possible deal.
Danamon shares have surged as much as 14 percent this year, easily beating Jakarta main index , which is down 7.7 percent.
Alamsyah said, however, that three local banks were the target of foreign buyers, but declined to give any details. Source: Reuters
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