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Merger

Ooredoo, Hutchison ink $6b deal on Indosat-Tri merger
Business 4 years ago

PREMIUM
Ooredoo, Hutchison ink $6b deal on Indosat-Tri merger

The deal to merge PT Indosat Ooredoo and PT Hutchison 3 Indonesia will enable the two firms to benefit from cost and capex synergies thanks to complementary infrastructure, an analyst said Friday.
The digital race knows no borders
Editorial 4 years ago

The digital race knows no borders

With more investors taking an interest in the region, Indonesian startups should not settle for only winning the local market but aim higher.
GoTo plots global expansion on backbone of SME merchants
Business 4 years ago

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GoTo plots global expansion on backbone of SME merchants

This week's merger announcement from Gojek and Tokopedia points to greater, global things to come for the homegrown tech giants, albeit through low-key, modestly worded messaging.
Gojek-Tokopedia merger to boost RI's place in regional digital economy
Business 4 years ago

PREMIUM
Gojek-Tokopedia merger to boost RI's place in regional digital economy

The two companies have been facing tight competition from Shopee and Grab but the recent merger, alongside reported plans of an IPO, is expected to boost GoTo's presence in the Southeast Asian digital economy.
WarnerMedia and Discovery to merge, forming streaming giant
Business 4 years ago

WarnerMedia and Discovery to merge, forming streaming giant

When the deal is finalized, AT&T will receive $43 billion and AT&T's shareholders will take stock representing 71 percent of the new company, with Discovery shareholders owning 29 percent. 
Gojek, Tokopedia merge to form GoTo Group
Business 4 years ago

PREMIUM
Gojek, Tokopedia merge to form GoTo Group

The long-awaited merger of Gojek and Tokopedia has been finalized with the establishment of GoTo Group, announced on Monday. The new entity is Indonesia’s highest-valued start-up at an estimated US$18 billion.
MNC's Asia Vision Network joins SPAC boom for planned Nasdaq listing
Business 5 years ago

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MNC's Asia Vision Network joins SPAC boom for planned Nasdaq listing

MNC Vision Networks subsidiary AVN has entered into a SPAC merger with Malacca Straits Acquisition to list its shares on Nasdaq by Q3 2021 at the latest.
Fishery SOEs eye robust growth after planned merger this year
Business 5 years ago

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Fishery SOEs eye robust growth after planned merger this year

Indonesia's two leading state-owned fishery companies are expected to complement each other's business and achieve strong growth after a government-ordered merger.
Yahoo Japan operator, Line merge to take on foreign tech giants
Business 5 years ago

Yahoo Japan operator, Line merge to take on foreign tech giants

With a combined user base of about 150 million in Japan, the merger of Z Holdings, a SoftBank Group subsidiary, and Line will make it one of the biggest information technology companies in the country.
PSA and Fiat Chrysler close in on mega-merger
Business 5 years ago

PSA and Fiat Chrysler close in on mega-merger

By number of cars sold, Stellantis and its workforce of over 400,000 will now rank behind Volkswagen, the Renault-Nissan-Mitsubishi alliance and Toyota.
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