CVC exits Matahari with $227m block

Shareholders including two controlled by CVC Capital Partners sold shares in Indonesia’s largest shopping mall operator on the back of strong operational figures.

CVC Capital Partners and another shareholder of Indonesia's Matahari Department Store capitalised on the stock’s strong market performance by raising Rp3 trillion ($227 million) through an accelerated bookbuild.

¬ Haymarket Media Limited. All rights reserved.

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