Baker & McKenzie's Indonesian member firm has advised Singaporean bank DBS Group Holdings Ltd. on a $7.3 billion deal that will give it a controlling interest in an Indonesian bank currently owned by Temasek Holdings Pte.
April 19, 2012 at 12:00 AM
1 minute read
Baker & McKenzie‘s associated Indonesian firm has advised Singaporean bank DBS Group Holdings Ltd. on a $7.3 billion bit to acquire Jakarta-based PT Bank Danamon Indonesia Tbk.
DBS will pay $5 billion to buy the 67.37-percent stake held by Singapore’s sovereign wealth fund, Temasek Holdings Pte.
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