Indonesia’s Sinar Mas Group in talks to acquire DANA from Emtek

Vincent Iswara, CEO of DANA

Indonesia’s diversified conglomerate Sinar Mas Group is said to be in talks to acquire local digital wallet DANA from the largest shareholder Emtek Group, three sources familiar with the matter told DealStreetAsia.

Sinar Mas is engaged in businesses spanning agribusiness, property and banking, among others.  

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