Analysis
A deal maybe sealed as soon as next month, say sources.
1
Senior exits at Northstar hint at imminent merger with Ares
2
SoftBank's Son pitches $1 trn AI hub in Arizona, plans to partner TSMC: report
3
Global trading giants step up presence in India's derivatives markets
4
India's Delhivery launches short-haul cargo service taking on Uber, Porter
5
Northstar’s Sunata Tjiterosampurno to join Indonesia's Danantara
More Stories
Inside Maharlika’s playbook to launch a suite of sector-specific funds
Blackstone, TPG emerge frontrunners for Metro Pacific Health
Ex-Northstar MD Melvin Hade launches consumer-focused investment fund
GoTo appoints Catherine Sutjahyo as deputy CEO in top-deck reshuffle
Indonesia’s Danantara, Russia’s RDIF ink $2.3b investment initiative
Michelle Irawan, VP at Northstar Ventures, is also exiting the firm.
Deals
This partnership follows several recent international alliances by Danantara.
Alleged fraud estimated to have caused losses of around $2.4m.
Policy & Regulations
The two companies now need more time to agree on a deal.
IPOs & Markets
The IPO will be among the major offerings in Indonesia so far this year.
Waresix is also backed by SoftBank, Temasek, and Tiger Global, among others.
The agency earlier found a significant increase in market concentration.
People
The company also announced the appointment of five new directors.
Hendrata will take on the role of president commissioner of Tiket.com and vice president commissioner of Blibli.
