|Monday, March 4, 2013
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northstar

Garibaldi Thohir Teams Up With Northstar to Buy Hutchison 3 Indonesia

(The Insider Stories) - 
Garibaldi Thohir, an Indonesian tycoon, joined hands with a US-based private equity fund has acquired 35 percent stake in PT Hutchison 3 Indonesia, a local mobile phone operator of Hong Kong’s Hutchison Whampoa Group. Mr Thohir and partner, Northstar Pacific – part of U.S. private equity company TPG – purchased the Full Article

Delta Dunia rights issue & 1.2x oversubscribed

Northstar Tambang Persada Ltd, controlling shareholder of PT Delta Dunia Makmur Tbk (DOID) and acting as standby buyer, did not spend its money to buy the remaining unsold new shares during the rights issue of DOID as existing public holders exercised their rights, resulting a 1.2 folds oversubscribed. But, Northstar, which is owned by famed Full Article