Metro Pacific-led consortium in talks to buy stake in Indonesian toll company for $750m

Metro Pacific-led consortium in talks to buy stake in Indonesian toll company for $750m

Photo: Jasa Marga

A consortium led by Metro Pacific Tollways Corp, the biggest toll road group in the Philippines, is in advanced talks to buy a minority stake in a unit of its Indonesian peer Jasa Marga, in a deal that could fetch $750 million, two sources with knowledge of the matter said.

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