Deviana Chuo
Stories by Deviana Chuo
Indonesia’s Kalbe Farma explores strategic options for Love Juice beverage unit
The company is exploring multiple schemes of strategic partnerships including detaching some part of its ownership in Hale International.
PPB Group rules out plan to acquire FGV’s sugar unit MSM Malaysia
The company controlled by Kuok family said it is not discussing with FGV on the potential divestment plan.
Indonesia’s Krakatau Steel to divest power plant unit to public sector PLN
The divestment of KDL is in line with Krakatau Steel’s restructuring process.
ISS Global to sell Indonesian parking management business to local peer CentrePark
The Indonesia deal likely forms part of the firm's global strategy of divesting from non-core services in its portfolio.
Permira acquires majority stake in HK-based aircraft parts distributor Topcast
Founded in 1991, Topcast Aviation provides parts for maintenance and repair of aircraft across the Asia Pacific region.
SG’s UOB completes 75% stake acquisition of Indonesia’s PG Asset Management
The acquisition has paved the entry of UOB Asset Management in Indonesia.
Navis Capital in talks to sell its stake in SG logistics firm Eng Kong Holdings
Navis Capital, which picked up a controlling stake in Eng Kong in 2010 for $55 million, has roped in TC Capital to facilitate the stake sale.
CVC-backed Softex Indonesia said to seek IDX listing by Q1 2020
CVC may seek to exit from its nearly four-year-old investment although it may not sell its entire stake in one shot.
Warburg-backed Princeton Digital eyes acquisitions with $500m war chest
The company plans to focus on China and Indonesia, apart from its home market Singapore.
S Korean buyout firm VIG Partners to sell HiParking in $140m deal
VIG Partners invested in HiParking in mid-2016 through its Fund II. The fund expects to record a multiple of 3.2x on its total investment.
