Friday, June 18, 2010

Carrefour acquired Trans Corp

Trans Corp. acquired 40 percent stake in PT Carrefour Indonesia, becoming the largest single shareholder. The value of the acquisition it self ranges from U.S. $ 300-400 million or around Rp 3 trillion.

Trans Corp's acquisition of the funds to do the loan from 4 banks. "We can from a consortium of four foreign banks, Credit Suisse, Citibank, JP Morgan, ING and Commercial Bank," said President Commissioner of PT Carrefour Indonesia, Chairul Tanjung told reporters in Bank Mega, Jakarta (17 / 4).



Chairul explained the acquisition was a turning point for the development of national economy. For the first time a national company through the acquisition of multinational companies. Through the acquisition, Trans Corp. also received rations for four men positioned as a commissioner and two people for positions of directors. "But until now our three commissioners put a new, so there's still one more vacancy," Chairul Tanjung said.

The acquisition process, he said, takes quite short, ie less than three months, starting from the talk’s process until the signing.

President Director of PT Carrefour Indonesia Shafie Shamsuddin considers The Group is a large company and has a high value. The large business networks as in the field of media, finance, and retail to make a choice Carrefour to the company. "We choose because we see they've got it," explained Shafie.

In addition to Trans Corp, PT Carrefour Indonesia is also owned by Carrefour SA by 39 percent, Carrefour Nederland BV of 9.5 percent and 11.5 percent onesia BV. (Tempo)
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