ANZ has no plan to raise stake in Panin
Aditya Suharmoko, The Jakarta Post, Jakarta | Fri, 06/18/2010 1:30 PM
Australia-based ANZ has no plan to raise its 38 percent stake in Panin Bank, CEO Alex Thursby said in a press conference Friday.
"There is no plan [to do so]," Thursby said when asked whether ANZ would buy the shares of the Gunawan family at Panin.
He said ANZ was "very happy with our partnership today".
But Thursby did not hide his interest to have more shares in Panin Bank should the Gunawan family intend to sell theirs.
"If the family at some point chooses to sell, of course we will look at it," he said.
