CVC said to lead bid for Indonesia's Samator Indo Gas: report

CVC said to lead bid for Indonesia's Samator Indo Gas: report

CVC Capital Partners, a global private equity and investment advisory firm, is said to lead a bid for a minority stake in Indonesian gas company PT Samator Indo Gas, Bloomberg reported on Friday.

The deal, which could value the minority stake between $150 million and $200 million, could potentially be sealed at the end of this quarter, the report said. The size of the stake is estimated to be 30%.

Edited by: Joymitra Rai

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