KKR Acquires 8.3% TPS Food Shares

JAKARTA (Yosefardi) – Kohlberg Kravis Roberts & Co LP (KKR) had acquired 242.8 million shares of food producer PT Tiga Pilar Sejahtera (TPS) Food Tbk (AISA), representing 8.3% of its enlarged capital. KKR acquired TPS Food through Primanex Pte Ltd and...
Etika’s Profit Plummets 85% in June Quarter

Etika’s Profit Plummets 85% in June Quarter

SINGAPORE (Yosefardi) – Etika International Holdings Ltd, with substantial operations in Indonesian food and beverage industry, posted net profit of RM721,000 only in the quarter ended June 30, 2013, plummeted 84.8% from the corresponding quarter of 2012. The...
Asahi Group Acquires Pepsi-Cola Indonesia

Asahi Group Acquires Pepsi-Cola Indonesia

SINGAPORE (Yosefardi) – Asahi Group Holdings, Ltd. reported PT Asahi Indofood Beverage Makmur (AIBM, Asahi’s consolidated subsidiary) and PT Indofood Asahi Sukses Beverage (IASB), each a joint venture company between Asahi and PT Indofood CBP Sukses Makmur Tbk...