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'DBS stake talks in Alliance stalled'
Mint New Delhi
|September 03, 2025
BS Group Holdings Ltd's plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore's biggest bank has yet to get regulatory approval to commence talks, according to people with knowledge of the matter.
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DBS and Alliance's largest shareholder Vertical Theme submitted separate applications to Malaysia's central bank about eight months ago but haven't heard back from the regulat
This story is from the September 03, 2025 edition of Mint New Delhi.
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