Carlyle, Suntory tipped to buy stake in GarudaFood
Carlyle Group, in partnership with Japanese brewer Suntory, is closing in on a 30% stake in Indonesia’s GarudaFood thought to be worth over $200 million, Reuters reported.
GarudaFood, which products instant food, peanuts and other snacks, is expected to launch an initial public offering within two years. The 30% stake is currently owned by Tudung Group, an investment holding...
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