Japan's Largest Lender Said to Enter Fray for ANZ's Bank Panin

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  • Mitsubishi UFJ, Mizuho set to vie for Indonesian bank stake
  • ANZ selling Bank Panin investment following new capital rules

Mitsubishi UFJ Financial Group Inc. has entered the running for a 39 percent stake in PT Bank Pan Indonesia, people with knowledge of the matter said, potentially setting up a battle between two of Japan’s largest banks.

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