Temasek to Sell Total Stake in Bank Danamon to Mitsubishi UFJ Financial
Posted on 12/26/2017
Singapore’s Temasek Holdings pulled the trigger and agreed to sell its entire 73.8% stake in PT Bank Danamon Indonesia, Tbk., Indonesia’s fifth-largest bank by market capitalization, to The Bank of Tokyo-Mitsubishi UFJ, Ltd. The Bank of Tokyo-Mitsubishi UFJ, Ltd. is the commercial banking entity of Mitsubishi UFJ Financial Group (MUFG). Temasek is selling its holding […]