International auction develops for Indonesian insurer
A highly competitive auction is understood to have developed for a controlling stake in a leading Indonesian life…
Indonesia
HeidelbergCement eyes LafargeHolcim subsidiary
The multinational German building company HeidelbergCement is interested in parts of LafargeHolcim’s operations in Indonesia, which are expected…
Pengxin to buy Indonesian gold mine
China’s Pengxin International Mining is in advanced talks to buy the large gold and silver mine Martabe on…
Private equity vies for Indonesian lender
Something of a scramble appears to have developed to buy a strategic stake in a leading specialist Indonesian…
Indonesian bank evaluates insurance offers
In the latest sign of the flood of interest in the insurance sector in Asia, which is seeing…
Asahi to sell stakes in beverage joint ventures
Asahi has begun the negotiation of the sale of its stakes in PT Asahi Indofood Beverage Makmur and…
Massimo Zanetti extends Asian franchise
The acquisitive Italian coffee maker Massimo Zanetti has further expanded its network in Asia in buying a 67%…
Indonesian tower operator stake on the block
In a deal that could mark a significant consolidation for Indonesia’s fragmented telecom tower sector, the owners of…
PT Paninvest selling non-life insurance unit
Fairfax Financial Holdings, a Canada-based financial holding company, is now in talks to acquire the non-life insurance arm…
Mitsubishi UFJ Financial Group looking for deals
Mitsubishi UFJ Financial Group (MUGF) is looking to make acquisitions in…