Osmanthus Investment acquired Archipelago.

Osmanthus Investment, a unit of Singapore-based private equity firm Archipelago, has completed its acquisition of a 15-per cent stake in One Network Bank, the rural banking arm of the Philippines’ largest lender BDO Unibank. Financial terms were not disclosed. “The partnership with Osmanthus will further strengthen ONB’s strategic foothold in the microfinance business, and contribute to the government’s efforts at improving financial inclusion.” BDO Unibank