PT Bank MNC Internasional Tbk (JKSE:BABP) agreed to acquire PT Bank Pundi Indonesia Tbk (JKSE:BEKS) from PT. Recapital Securities and others on April 10, 2015. As on July 2, 2015, the merger process has reached due diligence phase. The transaction is subject to approval of Financial Service Authority. PT Bank Pundi Indonesia Tbk will soon delist from IDX after completing merger process with PT Bank MNC Internasional Tbk. The transaction is expected to be completed in the fourth quarter of 2015.

PT Bank MNC Internasional Tbk (JKSE:BABP) cancelled the acquisition of PT Bank Pundi Indonesia Tbk (JKSE:BEKS) from PT. Recapital Securities and others on November 24, 2015.