Indonesia
Finance
Reuters reports that Bakrie Telecom, an Indonesian mobile network operator, plans to carry out a IDR250/share rights issue in August 2010 that would finance the proposed combination...
2010-06-23Finance
PT Merukh Enterprises' US$10bn purchase of shipping and airline assets from China is one of the most audacious examples yet of the growing overlap between the mining and freight transport...
2010-05-26Finance
UK-based private equity firm CVC Capital Partners is to acquire a 91% stake in Indonesia's Matahari Department Stores (MDS), a subsidiary of retail group Matahari Putra Prima, in...
2010-02-03Finance
Indonesia's PT Bank Danamon Indonesia confirmed on April 21 that its IDR3.98trn (US$362mn) rights issue had been 99.9% subscribed, in a move that represents the most successful Asian...
2009-04-22Finance
Because of intense competitive pressure, two Indonesian pharmaceutical companies have agreed to merge. Following the completion of feasibility studies and legal processes, the integration...
2009-03-19Finance
A series of opaque acquisitions by Indonesia's Bumi Resources, the country's largest coal producer and the flagship subsidiary of the powerful Bakrie Group, have produced a negative...
2009-01-14Finance
Indonesia's state-owned steelmaker, Krakatau Steel, has chosen to look for strategic fundraising abroad after its initial public offering (IPO) was postponed by the government. Krakatau,...
2008-12-03Finance
In a move that may bring some resolution to a corporate crisis that has engulfed the countries capital markets, Indonesia's Bakrie & Brothers confirmed on November 3 that it will...
2008-11-05
