Indonesia: M&A/Private Equity

Investors of Mergers and Acquisitions (“M&A”) transactions in Indonesia should be mindful of key considerations that require close monitoring. In practice, M&A deals are risky due to regulatory and compliance requirements, particularly when they affect the licensing, reporting, corporate governance, and control structure of target companies.

In many mergers and acquisitions (M&A) transactions, primary attention is directed toward valuation, financing, and corporate structuring.

Once allegations surface, uncertainty quickly becomes commercial: investors pause, lenders reassess risk...

Given that the BOD is vested with the authority to conduct the management of the company, all decisions related to the company's management fall under the purview of the BOD.

Law No. 5 of 1999 regarding the Prohibition of Monopolistic Practices and Unfair Business Competition, as last amended by the Job Creation Law (Anti-Monopoly Law).

The tech winter, which began in 2023, has continued to impact the tech industry in Indonesia. Moreover, continued inflation and the possibility of an extended period of high interest rates have significantly reduced...

As the Covid-19 Pandemic has begun to ease up, the Indonesian Competition Supervisory Commission (Komisi Pengawasan Persaingan Usaha or "KPPU") determined to end the Relaxation Period...

Indonesia has seen remarkable growth in tech investments (see our editorial publications on Indonesian tech deals Vol. 1, Vol. 2, Vol. 3, and Vol. 4).

The Government of Indonesia recently issued a new law in connection with its plan to relocate the State Capital to Nusantara in Kalimantan ("Nusantara").