One of the country's largest banks bought a $220 million majority stake in Indonesia's Bank Maspion on Monday. The deal will give Kasikornbank (KBank), the kingdom's second-largest lender by ...

According to KBank's separate release, the first step is share acquisition whereby KVF will buy 30.01% of Bank Maspion's shares, which will increase KBank Group's shareholding to 40% from the 9.99 ...