INDONESIA - BANKING - DBS bid to take over Danamon in limbo

www.thejakartapost.com -A proposed change to Indonesia's bank ownership limits is threatening to dash DBS Group's bid to take over Bank Danamon.

Sources
told Reuters that Indonesia's central bank is planning to limit the
maximum stake a single shareholder can take in the country's banks to
below 50 per cent, down from 99 per cent now.
This would likely scupper DBS' plan to buy a 67.4 per cent