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UFJ BRI Finance PT &
Bank Rakyat Indonesia PT
Update Date: 08/28/08
Date Announced: 03/18/05
Value (million $USD): n/a
Status: Pending
TRANSACTION DETAILS
Date Announced03/18/05
Date Originally Announced03/18/05
FormatAcq. Maj. Int.Acquisition techniquesNot Applicable
AttitudeFriendlyAgencyn/a
Valuen/aAdvisor Feesn/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
NameUFJ BRI Finance PT
IndustriesSecurity and commodity services, nec
CityJakarta
Staten/a
NationIndonesia
Incorporated inn/a
Public StatusJoint Venture
Business DescriptionProvide financial services
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameBank Rakyat Indonesia PT (Jakarta : BBRI)
Industriesn/a
CityJakarta Pusat
Staten/a
NationIndonesia
Incorporated inn/a
Public StatusPublic
Business DescriptionBank (foreign)
AdvisorsNULL
Acquiror Sales1.82 billion U.S. Dollar
16,977.60 billion Indonesian Rupiah
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