Indonesia’s PT Matahari Department Store Tbk (LPPF), a fashion retailer majority-owned by Lippo Group, is acquiring the entire 16 per cent stake owned by PT Inti Anugerah Pratama (IAP) in PT Bank NationalNobu Tbk (Nobu Bank), according to a stock exchange disclosure on Thursday.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
