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By Yantoultra Ngui
SINGAPORE (Reuters) - Malaysian bank CIMB and Japanese finance company J Trust are among firms vying to buy Indonesia's PT Bank Commonwealth, a deal that could value the lender at $400-$500 million, two sources with knowledge of the matter said.
Bank Commonwealth, which is 99% owned by Australia's biggest lender Commonwealth Bank of Australia (CBA), focuses on retail lending as well as corporate banking services for small and medium enterprises.
Morgan Stanley, the financia...
>>> Read more: CIMB, J Trust among suitors for Indonesia's Bank Commonwealth -sources
SINGAPORE (Reuters) - Malaysian bank CIMB and Japanese finance company J Trust are among firms vying to buy Indonesia's PT Bank Commonwealth, a deal that could value the lender at $400-$500 million, two sources with knowledge of the matter said.
Bank Commonwealth, which is 99% owned by Australia's biggest lender Commonwealth Bank of Australia (CBA), focuses on retail lending as well as corporate banking services for small and medium enterprises.
Morgan Stanley, the financia...
>>> Read more: CIMB, J Trust among suitors for Indonesia's Bank Commonwealth -sources
