Sealing the Deal on Vale Indonesia's Divestment

MIND ID acquired 14 percent of Vale Indonesia’s shares, becoming the majority shareholder without complete control.

Vindry Florentin

March 4, 2024

 

BALLROOMS 1 and 2 of the Pullman Hotel Jakarta went silent during the “Signing of Definitive Transaction Agreement for the Acquisition of PT Vale Indonesia Shares” ceremony on Monday evening, February 26. All eyes were on the three individuals on stage as they bowed slightly to put their signatures on a document. As the three straightened their backs, the ballrooms roared with applause.

The three men on stage were Vale B

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