--Sumitomo Mitsui Financial Group Inc. is considering a bid to acquire a controlling stake in Bank Pan Indonesia, Bloomberg reported Monday, citing unnamed sources.

--Sumitomo Mitsui is competing against other potential bidders including Mitsubishi UFJ Financial Group Inc., the Bloomberg report said.


Full story: https://bloom.bg/3CmS8lT


Write to Kosaku Narioka at kosaku.narioka@wsj.com


(END) Dow Jones Newswires

08-22-22 0318ET