CVC-backed Indonesian sports retailer targets $94m IPO
MAP Aktif Adiperkasa, an Indonesian sports retailer that counts CVC Capital Partners as a minority shareholder, is planning to raise up to IDR1.32 trillion ($94 million) through a domestic IPO.
The company will sell 550 million shares at IDR2,000-2,400 apiece, according to a filing by its parent, diversified lifestyle products retailer Mitra Adiperska (MAP). This would value the business at approximately...
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