About
Provided by Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills
We are one of the leading law firms for strategic and complex M&A involving Indonesia. We are familiar with key regulatory issues for M&A in Indonesia, engaging with the Financial Services Authority (OJK), Investment Coordinating Board (BKPM) and technical ministries like the Ministry of Trade and Ministry of State-owned Enterprises.
We regularly act for leading corporates, financial institutions, private equity funds and other financial buyers on some of the biggest cross-border M&A deals across all major industry sectors, including financial services, TMT, digital economy and fintech, healthcare & pharmaceutical, consumer products, manufacturing/industrials and energy & infrastructure.
Our recent work highlights include acting for:
- Yupi Indo Jelly Gum on its sale to Affinity Equity Partners for $1.2 billion
- CVC on its acquisition of a controlling stake in Siloam International Hospitals
- Commonwealth Bank of Australia on divestment of a 99% stake in Bank Commonwealth to OCBC Indonesia
- Jayamandiri Gemasejati, Yamaha’s motorbike distributor in Indonesia, in sale of controlling stake in Mandala Multifinance to MUFG Bank and Adira Dinamika Multi Finance
- Inchcape on acquisition of Mercedes-Benz assembly and distribution operations in Indonesia
- Ramsay Health Care and Sime Darby on the biggest healthcare sale in Southeast Asia since 2019, to regional provider Columbia Asia
- Petrindo Jaya Kreasi on acquisition of Multi Tambangjaya Utama, an Indonesian coal miner, from Indika Energy