Analysis
It is said to be evaluating several potential acquisitions, including Dunkin’ Indonesia and PT Inti Prima Rasa.
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Deals
While the IPO marks a milestone for the brand, it won’t offer a direct exit path for its investors.
Private Equity
Everstone had bought a 51% stake in Domino’s Pizza Indonesia in 2014.
People
The Indonesian VC is expected to kick off fundraising for the fourth vehicle later this year.
Policy & Regulations
The US commitment in Indonesia was over $2 billion.
Former Presidents Joko Widodo and Susilo Bambang Yudhoyono will be members of the fund’s steering committee.
Earnings and Results
One of Saratoga’s key investments in 2024 was the acquisition of Brawijaya Healthcare.
IPOs & Markets
The issue is part of its $4-billion Medium Term Note Programme.
The doughnut business will be under Fore Coffee’s arm Cipta Favorit Indonesia.
VinFast has partnered Amarta aiming to open 22 new showrooms by 2027.