{
    "success": true,
    "data": {
        "id": 4176,
        "msgid": "bank-ank-to-merge-with-commonwealth-1188818597",
        "date": "2007-09-03 18:23:17",
        "title": "Bank ANK to Merge with Commonwealth",
        "author": "",
        "source": "GOI",
        "tags": "business",
        "topic": null,
        "summary": "Bank Arta Niaga Kencana will be merged into the Commonwealth Bank of Australia (CBA) once a planned takeover is completed, the banks said Friday (31\/8\/07), according to Agence France-Presse. CBA has already purchased ANK stocks held by private shareholders, amounting to 57% of the bank. After the merger, CBA, Australia's largest retail bank, will have 50 branches operating on Java and Bali islands. The banks said no lay-offs would occur after the merger.",
        "content": "<p>Bank Arta Niaga Kencana will be merged into the Commonwealth Bank of Australia (CBA) once a planned takeover is completed, the banks said Friday (31\/8\/07), according to Agence France-Presse.<\/p>\n<p>CBA has already purchased ANK stocks held by private shareholders, amounting to 57% of the bank.<\/p>\n<p>After the merger, CBA, Australia's largest retail bank, will have 50 branches operating on Java and Bali islands. The banks said no lay-offs would occur after the merger.<\/p>\n<p>CBA announced earlier this month that its full-year cash net profit had risen 18% to $3.8 billion on the back of a strong economy, beating profit forecasts.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bank-ank-to-merge-with-commonwealth-1188818597",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}