MPTC keen on stake in toll road operator in Indonesia : comp

Metro Pacific Tollways Corp. (MPTC) may spend some $600 million in its bid to acquire a 35-percent stake in Indonesia’s Jasamarga Transjawa Tol. Jasamarga Transjawa is a unit of Indonesia’s PT Jasa Marga Tbk, which operates 35 toll road concessions spanning 1,809 kilometers. Christopher Lizo, the company’s chief finance officer,…

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