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Name | Symbol | Market | Type |
---|---|---|---|
PT Bank Mandiri Persero TBK (PK) | USOTC:PPERY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.236 | -1.72% | 13.48 | 13.33 | 13.63 | 13.52 | 13.35 | 13.50 | 93,722 | 21:00:05 |
French insurance company Axa SA (CS.FR) Tuesday said it plans to establish a general insurance joint venture with Bank Mandiri in Indonesia this year, without disclosing financials details or a calendar.
MAIN FACTS:
- The joint venture will build on the existing life insurance joint venture AXA Mandiri Financial Services which was formed in 2003, Axa said in a statement.
- Bank Mandiri is the largest bank in Indonesia, the company said.
- For this start up joint venture operation, Bank Mandiri together with Axa will acquire Asuransi Dharma Bangsa (ADB) in which Bank Mandiri will own 60% and Axa 40%.
- The transaction is subject to the finalization of agreements, relevant shareholder approvals, as well as regulatory approvals.
- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; paris@priority.emea.dowjones.com
1 Year PT Bank Mandiri Persero ... (PK) Chart |
1 Month PT Bank Mandiri Persero ... (PK) Chart |
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