CVC-backed Softex mulls delaying Indonesia IPO on virus concerns

CVC-backed Softex mulls delaying Indonesia IPO on virus concerns

Photo by Jamie Coupaud on Unsplash

PT Softex Indonesia, a sanitary product maker backed by private equity firm CVC Capital Partners, is weighing postponing an Indonesian initial public offering that could raise at least $400 million, people with knowledge of the matter said.

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