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Broker's take: Citi 'positive' on OCBC over reportedly dropped Bank Permata bid

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Citi Investment Research on Friday sees a "positive" on OCBC, following a report from Bloomberg that Singapore's second-largest bank has decided against making an offer for Bank Permata.

CITI Investment Research on Friday sees a "positive" on OCBC, following a report from Bloomberg that Singapore's second-largest bank has decided against making an offer for Bank Permata.

"We see this as positive for the stock as we had previously opined that an Indonesia M&A (merger...

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