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Tycoon eyes StanChart's Indonesia bank stake in march to top

Tuesday, February 14, 2017 - 05:50

Jakarta

INDONESIAN business tycoon Tahir is keen to gain control of PT Bank Permata, a larger rival to his PT Bank Mayapada International, as he seeks to put his lender in the ranks of the nation's biggest banks.

Mr Tahir's Mayapada Group wants to buy the 90 per cent of Permata

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