CVC, Lippo postpone plan to exit Indonesia's Link Net
CVC Capital Partners and the Riady family's Lippo Group have suspended plans to sell their majority stake in Link Net, an Indonesian fixed-line broadband and cable TV operator.
A Link Net spokesperson told Reuters that the slowdown in Indonesia's economy has made it more difficult to agree on a deal, so the company will wait until the situation improves. It was reported in September...
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