Indonesia: Minna Padi Securities to acquire 51% of Bank Muamalat for $333m

Indonesia: Minna Padi Securities to acquire 51% of Bank Muamalat for $333m

Photo: REUTERS/Garry Lotulung

IDX-listed securities firm Minna Padi Investama Sekuritas today announced its plan to acquire a majority stake in Bank Muamalat for IDR 4.5 trillion ($333 million).

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