Indonesia
Finance
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...
2008-11-05Finance
Indonesia's leading food company, PT Indofood Sukses Makmur, is expanding its branded consumer products division via the acquisition of a 69% stake in dairy producer PT Indolakto....
2008-10-01Finance
Indonesia's largest steelmaker, PT Krakatau Steel, will launch an IPO. The state-owned enterprise had been debating between selling a stake to investors and launching an IPO for the...
2008-09-04
