CORPORATE ACTION
Northstar-Saratoga Buys Elnusa

THE Northstar Pacific-Saratoga Capital consortium has been chosen as the winner for the purchase of 37.15 percent shares in PT Elnusa Tbk, the owner of PT Tridaya Esta. In addition to providing the highest offer price, according to Eko Yuliantoro, Director of Investment Banking at Bahana Securities, this consortium also offered a credible business plan, at the same time as being the best thing for t