Bangkok Bank, Thailand’s third-largest lender by assets, agreed on Dec.
12 to buy an 89% stake in Indonesia’s Bank Permata from Standard Chartered and local conglomerate Astra International, for about $2.7 billion. The deal is expected to close in 2020.Standard Chartered had said in February that the investment was no longer core.
ReutersBiz ClaraDFMarques Abdul Rasheed Quresh hashmi 03060420285th
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