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Indonesia’s Inalum Get Loans US$3.8B from Foreign Lenders

JAKARTA (TheInsiderStories) - PT Indonesia Asahan Aluminium (Inalum), a state-owned mining holding, has secured US$3.8 billion short-term loan facility from a syndicate banks led by...

BTMU Executives Join Danamon Board Following Acquisition

JAKARTA (TheInsiderStories) - PT Bank Danamon Indonesia Tbk shook up its board of commissioners and directors on Tuesday (20/3) as a follow-up of the...

Japan’s BTMU Buys 73.8% Bank Danamon Shares for US$5.9 billion

JAKARTA (TheInsiderStories) - Japan's Bank of Tokyo-Mitsubishi UFJ (BTMU) has agreed to acquire 73.8 per cent or a majority stake of PT Bank Danamon Indonesia Tbk (IDX:...

MUFG to Gradually Acquiring Danamon Shares from Early Next Year

JAKARTA (TheInsiderStories) - Japanese lender Bank of Tokyo-Mitsubishi UFJ (BTMU) will acquire a 40 per cent in publicly-listed PT Bank Danamon Indonesia Tbk (IDX:...

Moody’s: Bank Danamon Would Get Benefit from BTMU’s Acquisition Plan

JAKARTA (TheInsiderStories) - PT Bank Danamon Indonesia Tbk (IDX:BDMN) will gain benefit when The Bank of Tokyo-Mitsubishi UFJ, Ltd (BTMU) realized its plan to acquire...

Japan’s Bank of Tokyo-Mitsubishi UFJ Seeks 40% Stake in Bank Danamon

Deal valued at $1.7bn aimed at acquiring future majority ownership JAKARTA (TheInsiderStories) - Japan lenders Bank of Tokyo-Mitsubishi UFJ (BTMU) aims to buy roughly 40 per...