DBS Spurns Stake in Danamon by Ending $6.5B Bid

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Aug. 1 (Bloomberg) -- DBS Group Holdings ended a bid to buy PT Bank Danamon Indonesia for $6.5 billion in what would have been Southeast Asia’s largest banking takeover after failing to win regulatory approval for a majority stake. Mia Saini reports on Bloomberg Television's "First Up." (Source: Bloomberg)

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