A bird’s eye view of the Jakarta business district. — Reuters
SINGAPORE: Affirma Capital and Bain Capital are among regional buyout firms that have submitted bids for Falcon House Partners’ controlling stake in Mount Scopus, which owns Indonesia’s biggest European-style bakery chain The Harvest, two sources tell Reuters.
“Suitors have submitted second-round bids that value food and beverage company PT Mount Scopus Indonesia at between US$200mil and US$250mil (RM946.6mil to RM1.18bil),” said the sources who declined to be named as the matter is confidential.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
