Indonesia-listed firms sit on $70b cash but perform limited M&A activity: Bain report

Indonesia-listed firms sit on $70b cash but perform limited M&A activity: Bain report

Photo: REUTERS/Garry Lotulung

Despite sitting on a huge cash pile of $68.6 billion as on 2016, Indonesia-listed companies remain the least active acquirers among their Southeast Asian counterparts, a report by management consulting firm Bain & Co shows.

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