


| DBS aims for moderate M&A diet to avoid indigestion |
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The bank dropped the purchase of Bank Danamon in 2013, after Indonesia changed regulations and restricted single ownership in domestic banks. The acquisition that Mr Gupta often returns to as a benchmark of sorts is the S$110 million acquisition of most of ANZ's wealth and retail business in Asia.
Posted: 2019-11-08 23:02:00
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