Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 12, 2016 3:30 AM ET

Industrial Conglomerates

Company Overview of Salim Group

Company Overview

Salim Group, through its subsidiaries, engages in food manufacturing, agribusiness, distribution and retail, telecommunications, automobile, building materials, real estate, hotels and resorts, banking and financial services, infrastructure, chemical manufacturing, and international trade sectors. Salim Group was founded in 1949 and is headquartered in Jakarta, Indonesia.

Jakarta,  

Indonesia

Founded in 1949

Key Executives for Salim Group

Chief Executive Officer and President
Age: 66
Compensation as of Fiscal Year 2015.

Salim Group Key Developments

Salim Seeks $1 Billion And Acquisitions

Salim Group set to raise $1 billion through a consortium of private equity firms led by Northstar Group as it targets acquisitions. TPG Capital, L.P. is also part of the group, according to people with knowledge of the deal, who said the loan would span six years but declined to comment on the coupon payment. I don’t think this falls into the category of troubled tycoon,” said one of the people. “He [Anthoni Salim] seems to be quite aggressive and extremely optimistic about Indonesia, so I think he actually has acquisitions in mind.” TPG and Northstar declined to comment. Spokespeople for the Salim Group were not immediately available for comment.

Salim Group eyeing 20% of CAB Cakaran

Salim Group is said to be eyeing as much as a 20% stake in Penang-based poultry player CAB Cakaran Corp Bhd, according to a source familiar with the matter. “Talks have been ongoing for months between the two parties — CAB Cakaran and Salim Group — they should be concluded soon enough,” the source said.

Similar Private Companies By Industry

Company Name Region
Salim Group Asia
PT. 3M Indonesia Asia
PT Prima Tunas Investama Asia
PT. Transpacific Investama Asia
Medco Group Asia

Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 27, 2015
Roxas Holdings Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Salim Group, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.