Carlyle among suitors for Indonesia's Matahari hypermarkets - reports
The hypermarket chain of Indonesian retail giant Matahari is up for sale, and suitors including the Carlyle Group and South Korean retailer Lotte Shopping are reportedly in the running to acquire the emerging market’s second-largest supermarket operator for as much as $1 billion.
Four suitors for the Hypermart-branded chain, including Carlyle and Lotte, have placed bids, according to Reuters, further suggesting that the company's sale could fetch as much as $1 billion. Domestic...
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