Bangkok Bank's bid for Permata reflects Thailand's overseas M&A ambition

Bangkok Bank's bid for Permata reflects Thailand's overseas M&A ambition

Cityscape of Downtown Bangkok. Photo: Andreas Brücker/unsplash

It’s only fitting that Thailand’s second-largest bank pipped a Japanese rival to buy a lender in Indonesia. The elixir of youth is a great attraction to those who no longer have it.

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