PT Bank Rakyat Indonesia (Persero) Tbk (IDX:BBRI) signed a sale and purchase agreement to acquire additional 30% stake in PT Danareksa Investment Management from PT Danareksa (Persero) on November 30, 2022. PT Bank Rakyat Indonesia will acquire 9 million shares of PT Danareksa Investment Management. All the conditions precedent for the transaction have been satisfied, including the corporate approvals of PT Bank Rakyat Indonesia and Financial Services Authority.

PT Bank Rakyat Indonesia (Persero) Tbk (IDX:BBRI) completed the acquisition of additional 30% stake in PT Danareksa Investment Management from PT Danareksa (Persero) in the period ending December 31, 2022. The acquisition cost for 65% stake in PT Danareksa Investment Management amounts to IDR 0.46 million.