Companies / Indonesia
Indonesia Joins Malaysia And China On Makro Departure List
July 2008 | Company News AlertDutch wholesaler SHV Makro has revealed plans to offload its stake in Indonesian subsidiary PT Makro Indonesia. The planned divestment follows the late 2007 sale of Makro's eight Malaysian outlets to UK giant Tesco and its early 2008 offload of an eight-outlet-strong Chinese network to South Korean major Lotte Shopping.
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