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PT Indosat Tbk to divest entire stake in PT Tower Bersama Infrastructure Tbk


Thursday, 13 Mar 2014 08:00pm EDT 

PT Indosat Tbk:To divest its entire stake, 239,826,310 shares at 5,800 rupiah per share, in PT Tower Bersama Infrastructure Tbk (TBIG) to institutional investors.Says entire stake is 5 pct of TBIG's issued capital.Merrill Lynch (Singapore) Pte. Ltd. acts as sole placement agent and CLSA Singapore Pte Ltd as co-lead manager.