Monday, April 2, 2012

DBS to maintain dividend payout after Danamon bid

DBS Group Holdings Southeast Asia's biggest bank, will be able to maintain its dividend payout following the US$7.24 billion ($9.08 billion) bid for Indonesia’s Bank Danamon , chief executive Piyush Gupta said on Monday.

Gupta also said the deal can be funded by internal resources as well as debt without any needs for equities raising. 

  

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