Indonesia: General Atlantic invests $80.9m in products retailer Mitra Adiperkasa

Indonesia: General Atlantic invests $80.9m in products retailer Mitra Adiperkasa

Photo by Mitra Adiperkasa

Equity firm General Atlantic (GA) has subscribed for Rp1.08 trillion ($80.9 million) in zero-coupon bonds issued by PT Mitra Adiperkasa Tbk (MAP), the local operator of global brands such as Starbucks and Cold Stone. The transaction is GA’s first venture into the Indonesian market.

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