TPG, Northstar in $1.52bn Indonesia exit
The firms stand to gain a 7x return for their stake in Indonesian national bank TPN after selling 40% to Japan’s Sumitomo Mitsui Banking Corporation over two separate transactions.
The firms stand to gain a 7x return for their stake in Indonesian national bank TPN after selling 40% to Japan’s Sumitomo Mitsui Banking Corporation over two separate transactions.
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