Deals
Bakries Haven’t Decided to Sell Media Unit, Anindya Says
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The Bakrie family has no plan to sell its media business amid a report it’s seeking $1.8 billion for control of Indonesian broadcaster PT Visi Media Asia.
The family may sell part of its 72 percent stake in the owner of two national television channels, Anindya Bakrie, president commissioner of Visi Media, said in an interview in Jakarta yesterday. The Bakries want two bidders to raise their offers from $1.4 billion, Dow Jones reported, citing people familiar with the matter.