Chinese Banking Corp

Top owners eye 51 pct stake sale in Indonesia's Bank Muamalat-sources

It appears that top shareholders of Indonesia's PT Bank Muamalat is trying to sell at least a 51 percent stake in the unlisted Islamic lender, in a deal that may be valued at about $300 million. Bank Muamalat confirmed the sale process. Bloomberg states that the deal may value the bank at $600 million.
Although Chinese Banking Corp had also looked at the bank in the first round, it seems that they are no longer interested.

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