Rabobank acquire 100% Hagabank Rp880 billion
Rabobank International had signed acquisition agreement of 100% shares at two banks previously owned by Djarum Group---PT Bank Haga and PT Bank Hagakita, with Rp880 billion price tag, reflecting a 3.5 to book value (PBV).
As I wrote earlier the shareholders of Hagabank (Djarum family) had divested all its shares to Rabobank. Both companies will announce the deal tommorow.
Read my previous post for the background (Rabobank acquires Indonesian bank).
READ MORE!!!
As I wrote earlier the shareholders of Hagabank (Djarum family) had divested all its shares to Rabobank. Both companies will announce the deal tommorow.
Read my previous post for the background (Rabobank acquires Indonesian bank).
Labels: Djarum Group
READ MORE!!!
posted by yosef at 4:30 PM
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