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Reuters alone with news ANZ in box seat to buy $1.4 billion Indonesian bank stake 05.19.2010 Shares in Indonesia`s Panin Bank jumped as much as 5.8 percent on May 19 after Reuters reported that the Gunawan family was selling its entire $1.4 billion stake, with Australia and New Zealand Banking Group the leading contender. News of the stake auction pushed up Panin shares in a much weaker broader market and on volumes more than six times their average over the past 30 days. Bloomberg and Dow Jones were unable to match the story. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Reuters alone with news ANZ in box seat to buy $1.4 billion Indonesian bank stake

05.19.2010

Shares in Indonesia`s Panin Bank jumped as much as 5.8 percent on May 19 after Reuters reported that the Gunawan family was selling its entire $1.4 billion stake, with Australia and New Zealand Banking Group the leading contender. News of the stake auction pushed up Panin shares in a much weaker broader market and on volumes more than six times their average over the past 30 days. Bloomberg and Dow Jones were unable to match the story.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here