The acquisition of Uber assets in Indonesia.

Thursday, April 26, 2018

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Merger | Acquisition | grab | uber
JAKARTA - As known, Uber has sold its assets and operations in Southeast Asia (especially Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam) to Grab at the end of March 2018. As part of the acquisition, Uber will owns a 27.5 percent stake in Grab and puts the CEO of Uber, as one of… [Read More]

KPPU completed its assessment on the acquisition of Conocophilips Indonesia Inc Ltd.

Wednesday, March 14, 2018

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KPPU on 13 March 2018 has completed its assessment on the share acquisition of Conocophilips Indonesia Inc. Ltd by Medco Natuna Pte Ltd, and issued a non-potential competition law infringement due to this acquisition. Medco Natuna Pte Ltd is a subsidiary of the Medco Energy business group which owns several business lines, including oil and… [Read More]

KPPU has completed Assessment of PT Axioo International Indonesia Acquisition by PT Erajaya Swasembada Tbk.

Tuesday, February 20, 2018

Tags :

Merger | Axioo | Erajaya
Jakarta (20/02) - The Business Competition Supervisory Commission (KPPU) on February 20, 2018 has completed its assessment and issued an Opinion regarding the share acquisition of PT Axioo International Indonesia by PT Erajaya Swasembada Tbk. PT Axioo International Indonesia is a business entity engaged in manufacturing information technology (IT), while PT Erajaya Swasembada Tbk is… [Read More]

KPPU has completed the assessment of the acquisition of ADM Cocoa Business by Olam International Limited.

Tuesday, February 13, 2018

Tags :

Merger | cocoa | olam | eurooport
Jakarta, 13/02/2018 - KPPU concluded that the acquisition of ADM Cocoa Business (ADM) by Olam International Limited (Olam) does not lead to allegations of monopolistic practices or unfair competition. The Opinion is made by KPPU on February 13, 2018 based on the conducted Merger Assessment. The assessment was conducted on a share acquisition by Olam International… [Read More]