Indonesian investment firm Saratoga said to be exiting Antangin maker Deltomed

Indonesian investment firm Saratoga said to be exiting Antangin maker Deltomed

IDX-listed investment firm PT Saratoga Investama Sedaya Tbk is understood to have finalised its exit from herbal product firm PT Deltomed Laboratories, the maker of the popular Antangin syrup. Saratoga is said to have sold its stake back to the Rahardjo family, the founders of Deltomed Laboratories, according to multiple sources familiar with the matter.

Edited by: Joymitra Rai

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter