Indonesian tycoon Salim risks deal defeat over valuation, governance concerns

Indonesian tycoon Salim risks deal defeat over valuation, governance concerns

Anthony Salim is the billionaire tycoon at the helm of Indonesia's Salim Group. Photo: Indofood

One of Indonesia’s biggest tycoons, Anthoni Salim, risks a rare setback if a $3-billion deal between companies he controls is rejected by shareholders on Friday.