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share-sale

Companies 3 months ago

SpaceX insider share sale sets $800 billion valuation amid possible IPO, letter shows

The Elon Musk-led company's move towards a public listing, which could rank among the largest global initial public offerings, has been largely driven by the rapid expansion of SpaceX's Starlink satellite internet business.

Business 5 years ago

Taiwan’s Cathay Life to boost ownership in Bank Mayapada

The OJK has reportedly given Cathay the green light to acquire 51 percent of the bank’s shares or more, which will make Cathay the majority shareholder of the bank.

Business 5 years ago

Astra, Standard Chartered sell Bank Permata at lower price to Bangkok Bank

The purchasing price was changed to 1.63 times Bank Permata’s book value from 1.77 times its book value.

Business 6 years ago

Jiwasraya in talks with foreign, domestic investors over selling Jiwasraya Putra

Jiwasraya president director Hexana Tri Sasongko said on Wednesday that the insurer had received interest from four investors, both domestic and international, to buy Jiwasraya Putra.

Business 6 years ago

Air France-KLM proposes buying 49% of Malaysia Airlines, JAL seeks smaller stake: sources

Domestic carrier AirAsia Group Bhd and Malindo Air, the Malaysian arm of Indonesia’s Lion Air, have also submitted proposals.

Business 9 years ago

Maybank Indonesia sells stake in WOM Finance to Reliance Capital Management

Private lender Maybank Indonesia has sold all stakes in motorcycle financing firm Wahana Ottomitra Multiartha (WOM Finance) to Indonesian financial services provider Reliance Capital Management in a deal worth Rp 673.8 billion (US$50.71 million).

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