THE largest banking deal in South-East Asia between Singapore's DBS Bank and Indonesia's PT Bank Danamon Tbk is said to be hanging in the balance.
In the wake of a lower stake approval for Bank Danamon by the Indonesian central bank at 40%, DBS has extended the agreement with Singapore state investor Temasek Holdings Pte Ltd to buy its controlling 67.4% stake in Bank Danamon by another two months.
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