Shares of IDX-listed distribution company PT Wicaksana Overseas (WICO) Tbk jumped 10.53% this morning following joint announcement from WICO and Swiss-based distribution giant DKSH Holding AG, where DKSH will acquire majority shareholding of WICO. Acquisition consideration yet to be released, but this clearly an interesting dynamic to watch in the country’s distribution of consumer goods and pharmaceuticals.To subscribe please click here