CVC-backed Matahari prices offering near top of revised range
CVC Capital Partners and its local partner have priced their Matahari Department Store offering at IDR10,850 ($1.11) per share, putting them on course to raise about $1.3 billion through a partial exit.
CVC and Multipolar, a vehicle owned by the Riady family's Lippo Group, originally set a price range of IDR10,000-11,250 for the offering of 1.167 billion shares. This was subsequently narrowed to IDR10,650-10,950...
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