CIMB Private Equity invests in 7 Eleven Indonesia
- 6 years ago
CIMB Private Equity (CIMB PE) has acquired a 10 per cent stake in PT Modern Internasional TBK (MDRN) the listed retail operator and owner of the 7-Eleven convenience store franchise in Indonesia, for approximately 25 million dollars.
The investment is made via a subscription of newly issued shares representing such a stake in the existing share capital of MDRN.
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The investment is made via a subscription of newly issued shares representing such a stake in the existing share capital of MDRN.
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