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Matahari Department Store

OUE, Auric complete acquisition of controlling stake in Indonesia retailer Matahari with 32% stake - THE EDGE SINGAPORE

M&A

OUE, Auric complete acquisition of controlling stake in Indonesia retailer Matahari with 32% stake

OUE and Auric Capital received 21.9% acceptances for their voluntary tender offer.

July 15, 2021

OUE and Auric Capital to jointly acquire up to 50% stake in Indonesia’s Matahari Department Store - THE EDGE SINGAPORE

Deals, joint ventures & alliances

OUE and Auric Capital to jointly acquire up to 50% stake in Indonesia’s Matahari Department Store

OUE and Auric Capital have established a 40:60 JV company for the proposed acquisitions in Matahari.

May 05, 2021

Indonesia tycoons line up for tax amnesty in boost for plan

JAKARTA (Sept 2): Two of Indonesia's wealthiest men said they will participate in a government-led tax amnesty to clear their past omissions, boosting the credibility of the programme.

September 02, 2016

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