Saratoga-backed Tower Bersama may raise $179 million in IPO
Saratoga Capital-backed Tower Bersama Infrastructure, an Indonesian provider of telecommunication towers, could raise up to IDR1.6 trillion ($179 million) in its IPO next month.
The figure stems from Tower Bersama's share price range announced earlier this week at IDR1,675-2,100 ($0.19-0.24), according to its underwriters UBS and Indo Premier Securities. The company specifically...
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