ANZ Bank said to hire Morgan Stanley to sell stake in Indonesia's PaninBank

ANZ Bank said to hire Morgan Stanley to sell stake in Indonesia's PaninBank

Pedestrians walk past a woman as she looks at her iPhone in front of a sign announcing a new branch of the Australia and New Zealand Banking Group Ltd. Photo: Reuters

Australia & New Zealand Banking Group Ltd. recently hired Morgan Stanley to help sell its stake in Indonesian lender PT Bank Pan Indonesia, according to people with knowledge of the matter.

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