Indonesian conglomerate Astra International buys 49% stake in Bank Jasa for $259m

Indonesian conglomerate Astra International buys 49% stake in Bank Jasa for $259m

Photo: Astra International

Indonesian conglomerate Astra International announced on Monday that it acquired a 49.56% stake in the local lender Bank Jasa Jakarta for 3.87 trillion rupiah ($258.56 million).