Indonesia’s Bank Danamon Stirs Takeover Interest, FT Reports

Feb. 23 (Bloomberg) -- PT Bank Danamon Indonesia, which had net income of $320 million last year, is the object of takeover interest at several foreign companies, including Bank of China Ltd., Standard Chartered Plc and Jardine Matheson Holdings Ltd., the Financial Times reported, citing an unidentified person close to Danamon and unidentified bankers.

To contact the reporter on this story: Alan Purkiss in London on apurkiss@bloomberg.net.

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.