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Qatar National Bank May Buy 82% of Indonesia's Kesawan Via Rights Offering
Qatar National Bank SAQ may buy a stake of as much as 82 percent in Indonesia’s PT Bank Kesawan through a rights offer in the first quarter of 2011, Kesawan said in a statement published in Bisnis Indonesia today.
Qatar National Bank will be the standby buyer in the 734 billion rupiah rights offer, Kesawan said.
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