CVC opts for marketed sell-down in Matahari Department Store

The secondary share sale, which will essentially be a re-IPO of the Indonesian company, is expected to raise at least $1 billion.

<div style="text-align: left;"> A Matahari department store in Bali </div>

Anette Jönsson

February 19, 2013

After trying to find one large buyer for its stake in Matahari Department Store, CVC Capital Partners has decided to monetise a portion of it through the capital markets instead.

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