Indonesia: Bank Danamon confirms EoI after reports Japan's MUFG is eyeing 40% stake for $1.8b

Indonesia: Bank Danamon confirms EoI after reports Japan's MUFG is eyeing 40% stake for $1.8b

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

Bank Danamon Indonesia announced on Thursday that its controlling shareholder, a unit of Singapore’s Temasek Holdings, had received an ‘expression of interest’ related to its shareholding in the company. However, it did not name the party that has evinced interest in acquiring a stake.

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