A total of 46 Equity Offering deals (pending and completed) were announced in Indonesia, in the last twelve months resulting in a total deal value of over $15,847.0 million. In the LTM period, August 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $6,989.0 million, resulting in an average deal value of $635.4 million during that month. On the other hand, the month of August 2021 was the most prolific in terms of deal volume, recording a total of 11 deals, resulting in an average deal value of $635.4 million during that month.
Of the 46 deals, the deal secured between Abu Dhabi Investment Authority and GoTo Group - Indonesia, was the largest Equity Offering deal in the Indonesia, which was valued at $400.0 million and was completed on October 21, 2021. The second-largest deal was between PT Dian Swastatika Sentosa Tbk and PT Elang Andalan Nusantara, while the third-largest deal was between LDA capital and PT Widodo Makmur Perkasa, Tbk. The PT Dian Swastatika Sentosa Tbk-PT Elang Andalan Nusantara deal and the LDA capital-PT Widodo Makmur Perkasa, Tbk deal were valued at $200.0 million and $42.0 million, respectively. The fourth-largest deal was between Busan City Gas Co Ltd; SK E&S Co Ltd-PT Bayu Buana Gemilang valued at $20.0 million, whereas the deal between PT AKR Corporindo Tbk-PT Anugerah Krida Retailindo valued at $0.4 million was the fifth-largest deal.
Cumulatively, the top five deals amounted to $662.4 million and accounted for nearly 4.18% of the total deals (by value) announced during the last twelve months.
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer
Contact the team or request a demo to find out how our data can drive your business forward