UFJ BRI Finance PT & Bank Rakyat Indonesia PT | Update Date: 08/28/08 |
| Date Announced: 03/18/05 |
| Value (million $USD): n/a |
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| Status: Pending | |
| TRANSACTION DETAILS |
| Date Announced | 03/18/05 | | |
| Date Originally Announced | 03/18/05 | | |
| Format | Acq. Maj. Int. | Acquisition techniques | Not Applicable |
| Attitude | Friendly | Agency | n/a |
| Value | n/a | Advisor Fees | n/a |
| SYNOPSIS |
| INDONESIA - Bank Rakyat Indonesia PT, a 59.5%-owned unit of the Indonesian government, planned to raise its interest to 51% from 45% by acquiring a 7% stake in UFJ BRI Finance PT, a financing services provider, from its joint venture partner, UFJ Bank Ltd, a majority-owned unit of UFJ Holdings Ltd. |
| TARGET |
| Name | UFJ BRI Finance PT |
| Industries | Security and commodity services, nec |
| City | Jakarta |
| State | n/a |
| Nation | Indonesia |
| Incorporated in | n/a |
| Public Status | Joint Venture |
| Business Description | Provide financial services |
| Advisors | NULL |
| Target Sales | n/a |
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| ACQUIROR |
| Name | Bank Rakyat Indonesia PT (Jakarta : BBRI) |
| Industries | n/a |
| City | Jakarta Pusat |
| State | n/a |
| Nation | Indonesia |
| Incorporated in | n/a |
| Public Status | Public |
| Business Description | Bank (foreign) |
| Advisors | NULL |
| Acquiror Sales | 1.82 billion U.S. Dollar 16,977.60 billion Indonesian Rupiah |
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