Ali Budiardjo Nugroho Reksodiputro (ABNR) has performed impressively over the past year, with growing banking advisory mandates and increased roles on high-valued securities issuance. It has also worked on many M&A transactions in the telecommunications ...
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Ali Budiardjo Nugroho Reksodiputro (ABNR) has performed impressively over the past year, with growing banking advisory mandates and increased roles on high-valued securities issuance. It has also worked on many M&A transactions in the telecommunications and shipping industries.
The firm acted for Japan Bank International Cooperation (JBIC) on the US$2.3 billion financing for the expansion of a power plant in Indonesia. On bond issuance, it worked for the government of Indonesia on sovereign offerings on the Singapore Stock Exchange valued at US$2.2 billion.
For M&A, the firm assisted Indovision on the US$350 million acquisition of the transponders business from ProtoStar Asia Service and also provided advice on related regulatory issues concerning orbital location. Other examples saw it represent Lotte Shipping on the US$300 million acquisition of the entire share capital of Makro Indonesia. It also advised Indofood Sukses Makmur on the acquisition of the dairy business of Indolakto, as well as Samsung Corporation on the takeover of two plantation companies.
Emir Nurmansyah is a well-respected banking partner. Theodoor Bakker and Woody Pananto have been active leading M&A transactions. The firm’s corporate practice also saw the arrival of foreign counsel Philip Paynes from Blake Dawson.
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