Indonesia's weak economy forces CVC, Lippo to delay plans to exit Link Net

Indonesia's weak economy forces CVC, Lippo to delay plans to exit Link Net

Visual sourced from the website.

The plans of private-equity firm CVC Capital Partners Ltd and Indonesia based PT First Media, the media arm of Indonesian conglomerate Lippo Group, to sell their majority holding in PT Link Net – an Indonesian broadband and pay TV operator, and fashion an exit, have been further delayed.

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