Matahari offers rare liquid Indonesia exposure

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Matahari offers rare liquid Indonesia exposure

Bankers are already predicting a successful outcome for the quasi-IPO of Matahari Department Store in Indonesia after the second day of investor education by CIMB, Morgan Stanley and UBS. So keen are rival banks to share the spoils, in fact, that some have not yet given up hope of getting onto the ticket before the deal wraps up in the second half of March.

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