GarudaFood Garnering Strong Appeal Among Private Equity Investors and Suntory

Private equity firm Carlyle Group and Japanese brewer Suntory are rumoured to be in a race for the acquisition of a 30% stake, that is valued over US$200mn in Indonesian food and drink (F&D) producer GarudaFood. With there still being a lot of uncertainty, we believe there is no clear frontrunner at the moment, and will instead explore the rationales behind Carlyle and Suntory's reported interest in GarudaFood.

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