Northstar, tycoon buy stake in Hutchison’s Indonesia unit
Northstar Pacific Partners is part of an investor group that has purchased a 35% stake in Hong Kong-based Hutchison Whampoa’s Indonesian telecom business. The transaction facilitates the exit of Thai conglomerate Charoen Pokphand.
The investor group is led by Garibaldi Thohir, who made his fortune from Adaro Energy, the coal mining company where he still serves as president director. Hutchison CP Telecommunications (HCPT) announced...
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