Opinion on the Acquisition of PT Suprabari Mapanindo Mineral by PT Tuah Turangga Agung.

Wednesday, April 18, 2018

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Jakarta (18/4) – KPPU issued its Opinion on the shares acquisition of PT. Suprabari Mapanindo Mineral by PT. Tuah Turangga Agung on April 17, 2018. This share acquisition has complied with the provisions of Government Regulation Number 57 Year 2010 (PP 57 Year 2010).   PT Tuah Turangga Agung is a subsidiary of PT United… [Read More]

The Acquisition of PT MTD CTP Expressway by PT Waskita Toll Road is not created a Competition Concern.

Wednesday, April 18, 2018

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Jakarta (18/4) – Following the assessment since December 2017, finally on April 17, 2018 KPPU issued a opinion that there is no competition concern by the acquisition of PT MTD CTP Expressway by PT Waskita Toll Road.   As known, in May 2017 a subsidiary of this state-owned construction company acquired the concession owners of… [Read More]

KPPU has Completed its Assessment on Share Acquisition of PT. Graha Layar Prima Tbk by CJ CGV Co. Ltd..

Wednesday, April 18, 2018

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Jakarta (18/4) - KPPU has concluded its assessment on the share acquisition of PT Graha Layar Prima Tbk by CJ CGV Co Ltd on April 17, 2018. PT Graha Layar Prima Tbk is a company engaged in cinema business, which brand known as Blitz Megaplex. Prior to this share acquisition transaction, CJ CGV Co Ltd… [Read More]

KPPU issues an Opinion on the Acquisition of PT Bank Pundi Indonesia Tbk by PT Banten Global Development.

Wednesday, April 18, 2018

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Jakarta (18/4) - KPPU on April 17, 2018 has completed its Assessment and issued an Opinion on the acquisition of PT Bank Pundi Indonesia Tbk shares by PT Banten Global Development. This shares acquisition is a transaction that has fulfilled the provisions of Government Regulation No. 57 Year 2010. PT Bank Pundi Indonesia Tbk is… [Read More]

KPPU issues Opinion on Shares Acquisition by Siloam Group.

Wednesday, March 28, 2018

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Jakarta (28/3) - KPPU has conducted an assessment on the acquisition of PT Grha Ultima Medika shares by PT Mahkota Buana Selaras on March 27, 2018. This shares acquisition is a transaction that has fulfilled the provisions of Government Regulation No. 57 Year 2010.   PT Mahkota Buana Selaras is a subsidiary of the Siloam… [Read More]

KPPU completed its Assessment on the Acquisition of PT Sumber Bahagia Sentosa by PT Mahkota Buana Selaras.

Wednesday, March 28, 2018
Jakarta (28/3) - KPPU has completed its assessment process on the acquisition of PT Sumber Bahagia Sentosa (SBS) by PT Mahkota Buana Selaras (MBS) on 27 March 2018. The assessment was initiated by the notification from PT Mahkota Buana Selaras (MBS) related to the acquisition of 100% shares of PT Sumber Bahagia Sentosa (SBS) on… [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

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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]