DBS Group Holdings (DBSDF.PK) offers to buy PT Bank Danamon Indonesia for ~$7.2B, the biggest...

|About: DBS Group Holdings Ltd. (DBSDF)|By:, SA News Editor

DBS Group Holdings (DBSDF.PK) offers to buy PT Bank Danamon Indonesia for ~$7.2B, the biggest takeover by a Southeast Asian lender, and plans to tap Bank Danamon’s 3,000-branch network to expand in fast-growing Indonesia.