South Korea's KakaoBank to buy 10% stake in Singtel, Grab-backed Superbank
10/10/2023 24:28
Oct 10 (Reuters) - South Korean digital bank KakaoBank Corp 323410.KS said on Tuesday it will acquire a 10% stake in Singapore Telecommunications STEL.SI and Grab GRAB.O -backed digital focussed bank in Indonesia, Superbank. (Reporting by Rishav Chatterjee in Bengaluru; Editing by Shinjini Ganguli) ((Rishav.Chatterjee@thomsonreuters.com;))
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