Matahari Department Store stabilizing bid to be below share issue price | INSIDER NEWS 

(Insider Stories)-The stabilizing bid following a PT Matahari Department Store (LPPF) share issue is below the sale price.

The company doesn’t say how much lower the PT UBS Securities Indonesia-arranged stabilizing bid for up to 175.08 million shares on March 25-April 23 will be than the IDR10,000-IDR11,250/share sale price of 1.17 billion shares in Color Company Ltd., a unit of Matahari owners CVC Capital Partners and PT Multipolar (MLPL).

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