Indonesia insurer Bumiputera falls out with 'white knight', rescue plan collapses

Indonesia insurer Bumiputera falls out with 'white knight', rescue plan collapses

Indonesian currency Rupiah on hold by a cashier. Photo: Reuters

A rescue plan for Indonesian life insurer Bumiputera has collapsed after it failed to agree with Evergreen Invesco – itsplanned white knight – over the size of a capital injection.

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