Mandiri versus Avenue

Bank Mandiri and Avenue Luksemburg prepare ammunition to buy Bank Internasional Indonesia. Who is the winner ?
Temasek Holding has planned to sell 55.85% shares of Bank Internasional Indonesia to get US$700 million while investors from China, the US and the Middle East have been interested in the bank.
Temasek Group, through Fullerton Financial Holdings Pte Ltd (FFH), has decided to sell its shares at BII in respond to Bank Indonesia's single presence policy.
It means FFH will retain its control over Bank Danamon and cancel the merger plan of the two banks. The sale of BII should be concluded before December 2010.