Sea Ltd looks to buy minority stake in Indonesian lender Bank Mayora from BNI

Sea Ltd looks to buy minority stake in Indonesian lender Bank Mayora from BNI

BNI building in Central Jakarta (Reuters Photo)

Southeast Asian technology giant Sea Ltd. is looking to acquire a minority stake in Indonesia’s PT Bank Mayora from its controlling shareholder PT Bank Negara Indonesia Tbk (BNI), a top executive of BNI said at a press conference on Tuesday.

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