Hints and tips:
...investors that also includes Google and US private equity firm KKR but is one of only a few Indonesian companies to invest in the decacorn; other known Indonesian investors include local conglomerates Djarum...
...And tobacco giant Djarum took out a full homepage advert on the popular Viva News website, calling on voters to “Look for those who are clean” and, erm, buy its LA Lights cigarette brand....
...So BAT and Philip Morris International, which both acquired large Indonesian tobacco companies, and their local rivals like Gudang Garam and Djarum are racing to reach as many new smokers as possible while...
...The other big producers – Djarum, Gudang Garam and Nojorono – are still family controlled, although Gudang Garam has a stock market listing....
...Crédit Lyonnaise, Avenue Asia Capital of the US and India’s Tata Group are the foreign entities that have expressed an interest, while Bakrie is also in talks with Sampoerna and the Djarum Group....
...Beneficiaries are expected to be HM Sampoerna, the number two producer bought by Philip Morris last year for $5.2bn, and, to a lesser extent, Bentoel and privately-owned Djarum....
...State Bank of India bought Bank Indomex, for example, while Rabo Bank bought Bank Haga and Bank Hagakita, both controlled by the owners of the cigarette manufacturer Djarum....
International Edition