Wednesday, September 29, 2010

PT Tri Polyta Indonesia to acquire PT Chandra Asri in a share-swap deal

Indonesia’s largest PP maker- PT Tri Polyta Indonesia will acquire petrochemical firm PT Chandra Asri in a share-swap deal worth about US$1.2 bln. Tri Polyta will issue 2.93 bln new shares to Chandra Asri's shareholders in exchange of it’s US$1.

For more details on PT Tri Polyta Indonesia to acquire PT Chandra Asri in a share-swap deal click here

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