Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 09-01-2023 | Practice Area: | Corporate and M&A |
| Deal Title: | Kimia Farma on Strategic Minority Stake Sale | Industry: | Pharmaceuticals & Biotechnology |
| Description: |
Milbank LLP advised Indonesia state-owned pharmaceutical company PT Kimia Farma Tbk and its subsidiary PT Kimia Farma Apotek on a strategic minority equity stake sale to a consortium of investors consisting of China’s Silk Road Fund and Indonesia’s sovereign wealth fund, Indonesia Investment Authority. Under the terms of the agreement, SRF and INA would collectively acquire a significant minority stake in each of KAEF and KFA as part of their equity investment in the companies.
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| Financial Center: | Singapore | Value: | 0.00-0.00 |
| Advised Party: | Vendor | Law Firm | Milbank |
| Target Company Jurisdiction | Indonesia | Acquiror Jurisdiction | China |
| Classification: |
Financial Buyer Acquisitions Minority Investment |
Lawyer | Jacqueline Chan |
