JAKARTA – In a decisive move to quell market speculation, PNBN (Bank Pan Indonesia) CEO Herwidayatmo has categorically refuted reports alleging ANZ Group Holdings Ltd. has divested its significant stake in the Indonesian lender. This…
PNBN
PNBN Divestment Hits Valuation Wall: Why Bank Pan…
The highly anticipated divestment of PT Bank Pan Indonesia Tbk (PNBN) has reportedly hit a snag. Sources close to the matter indicate a significant price mismatch has brought negotiations to a grinding halt, dimming immediate…