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 Pandawa Treasures Pte Ltd. As a result, Primanex now holds 7.79% ownership in AISA while Pandawa holds 3.38%. KKR had in July 20, 2013 signed a preliminary agreement with Tiga Pilar Group, to buy 9.5% AISA shares.
KKR is a a listed private equity based in United States which currently manages assets of US$80 billion. It allocates US$6 billion, equivalent Rp60.45 trillion, to invest in Asia region, including Indonesia mainly focusing on consumer and infrastructure segments. (yohanneso@yosefardi.biz)