CVC Said to Seek 44% More Than Aeon’s Bid for Retailer Matahari

CVC Said to Seek 44% More Than Aeon’s Bid for Retailer Matahari

Dimas Ardian/Bloomberg

A shopper browses clothing in a PT Ramayana Lestari Sentosa department store in Jakarta. Earnings on a per-share basis at PT Ramayana Lestari Sentosa, the biggest Indonesian department store by floor space, are forecast to grow at least 14 percent annually for two years.