Bank in Surabaya Looking to Buyout Businesses Upto IDR 1000 billion

Bank Danamon was established on July 16, 1956, as PT Bank Kopra Indonesia. In 1976, the bank's name was changed to PT Bank Danamon Indonesia. It began focusing on foreign exchange transactions in 1976 and listed its shares on the Jakarta Stock Exchange in 1989. In December 2017, Japan's Mitsubishi UFJ Financial Group (MUFG) bought a 19.9% stake in Danamon from Temasek Holdings for IDR 15.875 trillion ($1.17 billion). The price indicated Danamon was valued at about $6 billion. In July 2018, Indonesia's Financial Services Authority (OJK) approved MUFG’s plan to purchase a further 20.1% stake from Asia Financial. [3] On April 2019, MUFG announced the merger of Danamon and Bank Nusantara Parahyangan (BNP). The merger resulted in MUFG becoming the majority shareholders with a 94.1% stake in Bank Danamon.

Acquiring / Buying a Business, Lending to a Business, Buying Business Assets

Looking for companies with IDR 20 billion credit up. Willing to consider entry-level businesses as well. Want to avoid businesses involved in tourism or hotels and the industries affected by COVID.

• Connected with 9 businesses
• Received 10+ proposals
• 1 day, 17 hours ago

  Received a proposal from 50-year experienced Brazilian barbecue restaurant in Bali serving 220 customers/day with an AOV of $55.
• 2 days, 18 hours ago

  Received a proposal from Nickel mine with jetty in North Morowali, Indonesia.
• 6 days, 20 hours ago

  Received a proposal from Established snack manufacturer based in Malang manufacturing 10,000 packets/month providing shrimp-based snacks to 10 supermarkets.