ICB Financial Group completes 20 pct stake-sale in Sorak Financial |
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Published
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Tue, 08 Jan 2008 09:55
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LONDON (Thomson Financial) - ICB Financial Group Holdings AG said it has completed its 20 pct stake-sale in Sorak Financial Holdings Pte Ltd to Fullerton Financial Holdings Pte Ltd today for 211.6 mln Singapore dollars in cash.Sorak has a controlling stake in Indonesia's sixth largest bank, PT Bank Internasional Indonesia Tbk.tfn.newsdesk@thomson.comsim/bsu/slmCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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