Rich Indonesian family’s tea company Sinar Sosro mulls $100m fundraise

Rich Indonesian family’s tea company Sinar Sosro mulls $100m fundraise

Source: Tehbotol's website

One of Indonesia’s largest ready-to-drink tea companies Sinar Sosro, which is part of conglomerate Rekso International, is considering selling a stake in a deal that could be worth as much as $100 million, according to multiple people with knowledge of the matter.

Edited by: Padma Priya

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter