Indonesia raises cash from stake sale.
Global Banking News - 12 August 2010(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
Reuters has reported that the Indonesian government has raised capital by selling its stake in PT Bank Negara Indonesia (BBNI.JK).
The government raised close to IDR1.37tn by selling a 3.1 per cent stake in the state-owned bank.
The government had been contemplating a stake sale since 2007.
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