BTPN
Sumitomo Mitsui Considering Buying TPG’s $1.7 Bln Stake in Bank Tabungan Pensiunan -Wires | Company data
March 13 (The Insider Stories) — Japanese bank holding company Sumitomo Mitsui Financial Group is considering acquiring TPG Capital’s $1.7 billion stake in Indonesia’s PT Bank Tabungan Pensiunan Nasional, wire services reported. Bloomberg News quoted sources familiar with the deal as saying SMFG isn’t currently in formal negotiations with the U.S.-based private equity firm for Full Article
