Indonesia: CVC Capital-backed sports retailer Map Active eyes up to $92m from IPO

An employee arranges a Puma running shoe display inside the sportswear company's concept store at the Puma SE headquarters in Herzogenaurach, Germany, on Thursday, Feb. 9, 2017. Photographer: Alex Kraus/Bloomberg

MAP Active, the Indonesian sporting goods retailer backed by CVC Capital Partners, is planning to tap the domestic public market targeting to raise up to Rp 1.3 trillion ($91.9 million) via an IPO.

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