Djarum Group-owned telco tower operator Sarana Menara Nusantara (TOWR) had on Monday (July 1, 2024) completed the acquisition of 90.11% of shares in the Widjaja Family-linked Inti Bangun Sejahtera (IBST), worth Rp3.42 trillion (Rp2,813 per share). The acquisition was carried out by PT iForte Solusi Infotek (iForte), a business entity of PT Profesional Telekomunikasi Indonesia or Protelindo, subsidiary of TOWR.To subscribe please click here
M&A Update
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