Commission Decision No. 41-M-037/2018:
Acquisition by PT Indonesia Asahan Aluminum (Persero) of Shares in PT Freeport Indonesia
PT Indonesia Asahan Aluminium (Persero) (“Inalum”) is proposing to increase its (direct and indirect) shareholding in PT Freeport Indonesia (“PTFI”) from 9.36% to 51.232%.
The transaction is subject to required regulatory approvals in a number of jurisdictions, including the Philippines.