| From Brecorder.com: U.S private equity firm Texas Pacific Capital and Singapore sovereign wealth fund GIC invested 2.99 trillion rupiah ($331 million) for a stake in an Indonesia coal contractor, two sources with knowledge of the deal said on Sunday.
TPG and GIC have bought non-voting shares in Northstar Tambang Persada Ltd, a special purpose vehicle which owns 40 percent in PT Delta Dunia Makmur , according to a statement to Indonesia's stock exchange, following a report in the Financial Times on December 18 about the deal...........................................Full Article: Source
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