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  • CBA to sell 99% stake in Indonesian unit to OCBC for $142 million

    SYDNEY – Commonwealth Bank of Australia (OTC:CMWAY) (CBA) has entered into an agreement to divest a 99% share of its Indonesian business to Singapore’s Oversea-Chinese Banking Corp (OCBC). The transaction, reported today, is valued at A$220 million ($142 million), marking a significant move for CBA in the Southeast Asian market. The deal awaits regulatory approval […]

  • CBA to sell 99% stake in Indonesian unit to OCBC for $142 million

    SYDNEY – Commonwealth Bank of Australia (OTC:CMWAY) (CBA) has entered into an agreement to divest a 99% share of its Indonesian business to Singapore’s Oversea-Chinese Banking Corp (OCBC). The transaction, reported today, is valued at A$220 million ($142 million), marking a significant move for CBA in the Southeast Asian market. The deal awaits regulatory approval […]

  • CBA to sell 99% stake in Indonesian unit to OCBC for $142 million

    SYDNEY – Commonwealth Bank of Australia (OTC:CMWAY) (CBA) has entered into an agreement to divest a 99% share of its Indonesian business to Singapore’s Oversea-Chinese Banking Corp (OCBC). The transaction, reported today, is valued at A$220 million ($142 million), marking a significant move for CBA in the Southeast Asian market. The deal awaits regulatory approval […]

  • CBA to sell 99% stake in Indonesian unit to OCBC for $142 million

    SYDNEY – Commonwealth Bank of Australia (OTC:CMWAY) (CBA) has entered into an agreement to divest a 99% share of its Indonesian business to Singapore’s Oversea-Chinese Banking Corp (OCBC). The transaction, reported today, is valued at A$220 million ($142 million), marking a significant move for CBA in the Southeast Asian market. The deal awaits regulatory approval […]

  • CBA to sell 99% stake in Indonesian unit to OCBC for $142 million

    SYDNEY – Commonwealth Bank of Australia (OTC:CMWAY) (CBA) has entered into an agreement to divest a 99% share of its Indonesian business to Singapore’s Oversea-Chinese Banking Corp (OCBC). The transaction, reported today, is valued at A$220 million ($142 million), marking a significant move for CBA in the Southeast Asian market. The deal awaits regulatory approval […]

  • CBA to sell 99% stake in Indonesian unit to OCBC for $142 million

    SYDNEY – Commonwealth Bank of Australia (OTC:CMWAY) (CBA) has entered into an agreement to divest a 99% share of its Indonesian business to Singapore’s Oversea-Chinese Banking Corp (OCBC). The transaction, reported today, is valued at A$220 million ($142 million), marking a significant move for CBA in the Southeast Asian market. The deal awaits regulatory approval […]

  • California utility to blame for deadly 2022 fire -report

    (Reuters) – California authorities have determined that a major utility company is to blame for a 2022 wildfire that killed two people, the Washington Post reported on Wednesday. The Post, citing a California Department of Forestry & Fire Protection (Cal Fire) document not yet made public, reported that a Southern California Edison (SCE) power line […]

  • California utility to blame for deadly 2022 fire -report

    (Reuters) – California authorities have determined that a major utility company is to blame for a 2022 wildfire that killed two people, the Washington Post reported on Wednesday. The Post, citing a California Department of Forestry & Fire Protection (Cal Fire) document not yet made public, reported that a Southern California Edison (SCE) power line […]

  • California utility to blame for deadly 2022 fire -report

    (Reuters) – California authorities have determined that a major utility company is to blame for a 2022 wildfire that killed two people, the Washington Post reported on Wednesday. The Post, citing a California Department of Forestry & Fire Protection (Cal Fire) document not yet made public, reported that a Southern California Edison (SCE) power line […]

  • California utility to blame for deadly 2022 fire -report

    (Reuters) – California authorities have determined that a major utility company is to blame for a 2022 wildfire that killed two people, the Washington Post reported on Wednesday. The Post, citing a California Department of Forestry & Fire Protection (Cal Fire) document not yet made public, reported that a Southern California Edison (SCE) power line […]

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