Cosmetic and herbal producer PT Martina Berto (MBTO) Tbk has acquired Rudy Hadisuwarno Cosmetics and Rudy Hadisuwarno brands for Rp58 billion, funded with proceeds from IPO and bank loans. PT Tempo Inti Media (TMPO) Tbk, publisher of the famous Tempo magazine, meanwhile, acquires majority shares of Bintang Indonesia tabloid.To subscribe please click here