Sumitomo Mitsui Said to Weigh Bid for TPG’s Indonesia Bank Stake

Sumitomo Mitsui Said to Weigh Bid for TPG’s Indonesia Bank Stake

Kiyoshi Ota/Bloomberg

People use their mobile phones in front of a Sumitomo Mitsui Banking Corp. branch in Tokyo. Sumitomo Mitsui has made an offer for Rabobank Groep’s Indonesian unit, a person with knowledge of the situation said on Feb. 21.