Carlyle, Southern Capital in talks to sell Indonesia tower operator STP at $1b valuation

Carlyle, Southern Capital in talks to sell Indonesia tower operator STP at $1b valuation

Photo: Reuters

Buyout firms Carlyle and Southern Capital Group are in talks to sell their majority stake in Solusi Tunas Pratama in a deal that could value the Indonesian telecoms tower operator at about $1 billion, three people familiar with the process said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter