Indonesian tower operator's equity deal collapses

Vendors pull divestment in Indonesian tower operator PT Solusi Tunas Pratama.

Private equity groups Carlyle and PT Kharisma Indah Ekaprima retreated from a Rp3.285 billion to Rp3.91 billion ($255 million to $303 million) divestment in Indonesian tower operator PT Solusi Tunas Pratama on Monday after struggling with falling stock markets and a volatile share price.

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