KM Financial Solutions | Shares in Indonesia’s Danamon soar to 17-year high after MUFG deal
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Shares in Indonesia’s Danamon soar to 17-year high after MUFG deal

Shares in Indonesia’s Danamon soar to 17-year high after MUFG deal

JAKARTA, Dec 27 (Reuters) – Shares in PT Bank Danamon
Indonesia soared to their highest level in more than
17 years after Japan’s Mitsubishi UFJ Financial Group (MUFG)
said it planned to buy a majority stake in the
country’s fifth-largest lender.

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