Thai billionaire plans infrastructure IPO

Thai billionaire plans infrastructure IPO

Financial Times Thailand’s richest man, Dhanin Chearavanont, is turning to the country’s volatile stock market to refinance his debt-laden telecoms group and raise money to build out a 3G mobile network in the country. The billionaire is betting that the investor...
KKR To Buy 9.5% Of Indonesian Food Retailer Tiga Pilar Sejahtera

KKR To Buy 9.5% Of Indonesian Food Retailer Tiga Pilar Sejahtera

International Business Times Private equity firm KKR & Co. LP will buy a 9.5 percent stake in PT Tiga Pilar Sejahtera Food Tbk, a subsidiary of major Jakarta, Indonesia food retailer Tiga Pilar Sejahtera Group, which owns several popular brands of Indonesian snack...