STANDARD Chartered and PT Astra International Tbk are selling their 44.56 per cent stake each in Indonesia's Bank Permata to Bangkok Bank for approximately US$2.6 billion in an all-cash deal.

[HONG KONG] Bangkok Bank is emerging as a leading bidder for control of Standard Chartered's Indonesian bank, according to people familiar with the matter.

CITI Investment Research sees a "positive" impact on shares of OCBC after Singapore's second-largest bank reportedly ended its run to make 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.

A REPORTED move by DBS to throw in a bid for Indonesia's Bank Permata, as OCBC is reportedly set to do, "conflicts" with Singapore banks' strategy of building out digital banking to capture...

DBS Group Holdings is considering joining the race to acquire PT Bank Permata, the Indonesian lender in which Standard Chartered Plc holds a stake, according to people familiar with the matter....

SOME analysts are raising acquisition risks behind the reported interest by OCBC to snap up most of Indonesian lender Bank Permata, warning that these pressures could weigh on the bank's shares in...

OCBC Bank is weighing a bid for a controlling stake in PT Bank Permata, an Indonesian lender backed by Standard Chartered, according to sources.